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Mastercard has developed a new AI tool to prevent scams

www.neowin.net Mastercard has developed a new AI tool to prevent scams

Mastercard has developed a new AI tool called Consumer Fraud Risk which helps banks to stop people from sending money to scammers. It could help prevent the loss of £100 million every year.

Mastercard has launched a new AI solution in the UK called Consumer Fraud Risk (CFR). The company said the software works in real-time to predict and prevent payments to scams of all kinds.

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