{"id":251457,"date":"2023-08-02T12:37:29","date_gmt":"2023-08-02T12:37:29","guid":{"rendered":"https:\/\/imarticus.org\/?p=251457"},"modified":"2024-04-05T10:43:22","modified_gmt":"2024-04-05T10:43:22","slug":"fraud-detection-in-credit-card-transactions","status":"publish","type":"post","link":"https:\/\/imarticus.org\/blog\/fraud-detection-in-credit-card-transactions\/","title":{"rendered":"Fraud detection in credit card transactions"},"content":{"rendered":"
In today's globally interconnected world, the realm of financial transactions, though seemingly secure, harbors a menacing specter - the ominous threat of credit card fraud. Operating stealthily, it preys upon unsuspecting victims, wreaking havoc on their lives and finances.\u00a0<\/span><\/p>\n As technology progresses at a rapid pace, the war against credit card fraud escalates in intensity. In this ongoing battle, the realm of fintech emerges as a pivotal force, combining the domains of finance and technology to combat this pervasive menace. Embarking on a <\/span>career in fintech<\/a><\/strong> empowers professionals to tackle these threats on a profound and professional level.<\/span><\/p>\n Here is a list of different types of credit card fraud:<\/span><\/p>\n It is critical to take note that fraudsters are continually advancing their strategies, and new techniques might arise over the long run. Remaining informed about the most recent fraud patterns and playing it safe can assist people and associations in alleviating the dangers related to credit card fraud.<\/span><\/p>\n Here is how fintech helps in the detection of credit card fraud:<\/strong><\/b><\/p>\n AI and man-made brainpower (artificial intelligence): Conclusion<\/strong><\/p>\n You can opt for a <\/span>career in fintech if you wish to be a part of this highly promising domain that combines financial services and technology. To enhance skills in fintech and other related areas, professionals can enrol in a <\/span>fintech course<\/span> such as the <\/span>Professional Certificate in Fintech<\/a><\/strong> offered by Imarticus in collaboration with the SP Jain School of Global Management.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":" In today's globally interconnected world, the realm of financial transactions, though seemingly secure, harbors a menacing specter - the ominous...<\/p>\n","protected":false},"author":1,"featured_media":192563,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[22],"tags":[918,988,1843,3236,4506],"pages":[],"coe":[],"class_list":{"0":"post-251457","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-finance","8":"tag-fintech-career","9":"tag-career-in-fintech","10":"tag-fintech-online-training","11":"tag-best-fintech-course","12":"tag-best-financial-services"},"acf":[],"yoast_head":"\n<\/p>\n
Types of Credit Card Fraud<\/strong><\/h2>\n
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Circumvention of Credit Card Fraud Using Fintech<\/strong><\/h2>\n
Real-time exchange checking:
\n<\/b><\/h3>\n\n
\n<\/span><\/li>\n<\/ul>\n
\n<\/b><\/p>\n\n
Analytics of behavior:
\n<\/b><\/h3>\n\n
Geolocation and gadget profiling:
\n<\/b><\/h3>\n\n
Tokenisation and encryption:
\n<\/b><\/h3>\n\n
\n<\/span><\/li>\n<\/ul>\nData sharing and collaboration:
\n<\/b><\/h3>\n\n
\n<\/span><\/li>\n<\/ul>\nUpgraded verification and biometrics:
\n<\/b><\/h3>\n\n