Watch more: Visa Protect With Aman Cheema In financial services, deception travels as quickly as money itself, forcing financial institutions to confront scams that exploit both digital systems and human psychology. That shift formed the focus of a recent PYM…
Visa Says AI Isn’t Enough to Stop New Wave of Scams
Visa warns that AI alone cannot prevent a rising wave of financial scams exploiting both digital systems and human psychology, emphasizing the need for layered defenses. The impact affects financial institutions, merchants, and consumers globally, with scams evolving to bypass traditional fraud detection. Immediate action is required to enhance authentication and user awareness to mitigate rising losses.