Mastercard: Fraud attempts jump as retailers feel cyber attack sting

City A.M.

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The head of artificial intelligence at Mastercard said the payment giant had seen a surge in fraud attempts, which follows a string of cyber attacks on major retailers.  Greg Ulrich, chief data and AI officer at Mastercard, told City AM the payments network is “attacked perpetually” by fraudsters. The payments network recorded a 40 per [...]

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