In a world that is rapidly embracing digitalisation, the financial ecosystem is undergoing a transformative phase with the incorporation of artificial intelligence (AI) in payment systems.
AI has helped reduce false positives in fraud alerts by a staggering 60%, shielding finances with artificial armour, while predictive analytics anticipates customer needs, increasing satisfaction by 20%. The integration of AI in payments has emerged as the catalyst for new cutting-edge capabilities, but how exactly do we strike a balance between robust security measures and optimal user experience?
In this webinar, SEON’s CEO, Tamas Kadar, assessed the ripple effect of AI in payments, highlighting dynamic challenges and opportunities to achieve transformative change:
- An overview of the main fraud challenges facing the payments sector today
- Why traditional fraud prevention solutions have been ill-suited to dealing with the intricate demands of modern payments
- How AI solutions can be leveraged to establish robust and secure payment systems that don’t negatively impact the customer experience
- What the future of fraud prevention in the payments sector may look like
