Mastercard introduces in its network artificial intelligence
Mastercard has introduced a service Decision Intelligence, whose task is to check the transaction for possible fraud and decision making. The service is built on the principles of artificial intelligence (AI). As stated, its implementation will allow to increase the accuracy of decision on the confirmation of transactions in real time and to reduce the proportion of false rejections.
According to Mastercard, this is the first service based on the AI that are deployed directly in the payment system.
From modern control systems based on predefined set of rules, Decision Intelligence has a more full consideration of the various factors and the capacity to learn, so he is getting better and better with each transaction.