June 1, 2017Blog Posts

First Data launches new merchant fraud detection tech

Finextra:

First Data (NYSE: FDC), a global leader in commerce-enabling technology, today announced the launch of Fraud Detect, a comprehensive fraud solution for merchants around the world. Fraud Detect leverages artificial intelligence and machine learning, fraud scoring, cybersecurity intelligence, and information from the Dark Web to provide merchants with the capability to detect fraudulent in-store, at the pump, online, mobile, and in-app transactions before they occur.

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