Mastercard's Mohamed Abdelsadek Says 'Mastercard Have Been Using AI To Prevent Fraud And Will Implement More Ways To Protect Customers'
Portfolio Pulse from Benzinga Newsdesk
Mastercard's Mohamed Abdelsadek has announced that the company has been using AI to prevent fraud and plans to implement more ways to protect customers.
October 19, 2023 | 4:08 pm
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Mastercard's use of AI for fraud prevention and plans for further customer protection measures could enhance its reputation and customer trust, potentially boosting its stock.
Mastercard's announcement of using AI for fraud prevention and plans for more customer protection measures shows its commitment to security, which is a key factor for customers in the financial industry. This could enhance its reputation and customer trust, potentially leading to increased usage of its services and a positive impact on its stock.
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