When a card is swiped, the card issuer sends Spade the data in real-time, and that transaction is linked with a verified merchant identity.

Mastercard Bolsters Card Security with AI-Powered Fraud Detection Technology Mastercard unveiled plans to leverage artificial intelligence (AI) in its fraud-detection systems.

Credit-card fraud protection is still far from perfect, but there's no denying that the technology is improving.

Mastercard's AI-powered fraud detection system uses risk-scoring and behavioral biometrics to help identify suspicious transactions.