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Mastercard makes extensive use of AI in its operations.
- Source :
- Azerbaijan Monthly ICT Monitoring; Jun2024, pN.PAG-N.PAG, 1p
- Publication Year :
- 2024
-
Abstract
- Mastercard is utilizing artificial intelligence (AI) extensively in its operations, according to Avşar Gürdal, Mastercard's General Director for Azerbaijan and Türkiye. The company's infrastructure is built on AI models, and they recently acquired Brighterion, a company that develops AI models for business decisions. AI is used to detect fraud, determine the nature of transactions, and provide assessments for issuers and acquirers. Mastercard Advisors also collaborates with members to use AI models for credit risk underwriting and cross-selling mechanisms. The company plans to increase its projects, particularly with partner banks, in the future. [Extracted from the article]
Details
- Language :
- English
- Database :
- Complementary Index
- Journal :
- Azerbaijan Monthly ICT Monitoring
- Publication Type :
- Periodical
- Accession number :
- 178235825