Mastercard keeps tabs on fraud with new foundation model
Mastercard has developed a large tabular model (an LTM as opposed to an LLM) thats trained on transaction data rather than text or...
What’s Happening
Not gonna lie, Mastercard has developed a large tabular model (an LTM as opposed to an LLM) thats trained on transaction data rather than text or images to help it address security and authenticity issues in digital payments.
The company has trained a foundation model on billions of card transactions, with the intention of expanding to hundreds of [] The post Mastercard keeps tabs on fraud with new foundation model appeared first on AI News. (shocking, we know)
Why This Matters
As AI capabilities expand, we’re seeing more announcements like this reshape the industry.
This adds to the ongoing AI race that’s captivating the tech world.
The Bottom Line
This story is still developing, and we’ll keep you updated as more info drops.
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