The company introduced the service Mastercard Decision Intelligence, whose task is to check the transactions for potential fraud and making decisions. Service based on the principles of artificial intelligence (AI). It is alleged that its implementation will improve the accuracy of decision-making to confirm transactions in real time and to reduce the proportion of false rejections.
According to Mastercard, the first service based on AI, deployed directly in a payment system network.
From modern inspection systems operating on the basis of a predefined set of rules, Decision Intelligence has a more complete view of the various factors and the ability to learn, so that it works better with each transaction.