Banks are increasingly prioritizing AI to combat sophisticated fraud like bust-out schemes. While many face barriers such as data talent shortages and slow implementation, market-ready AI models offer a faster path by using global transaction data to detect fraud patterns without extensive training. These models improve accuracy, reduce false positives, and allow layering of proprietary data for greater precision. Brighterion, a Mastercard company, is highlighted for delivering scalable, pre-trained AI solutions that help financial institutions quickly enhance fraud detection and operational efficiency.

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