Category Archives: Uncategorized
Fraud Declines vs. No-Fraud Declines
The most expensive problem in payments isn’t fraud. It’s the fraud that never happened. False declines — legitimate transactions blocked by overly aggressive fraud rules — cost U.S. merchants more than actual card fraud does. The numbers have been consistent for years: for every $1 lost to fraud, roughly $13 is lost to false declines….
Supervised vs. Unsupervised Anomaly Detection in Fintech and Payment Processing
In the fast-evolving world of Fintech and payment processing, staying ahead of fraud, operational risks, and system failures is not just a priority — it’s a necessity. As financial transactions grow in volume and complexity, anomaly detection becomes a critical tool to ensure security, compliance, and trust. Two primary approaches dominate this space: supervised anomaly…