Payment Fraud in the Age of Generative AI and Risks to Subscription Companies

The world of payments is changing. More and more transactions are shifting to digital formats, and consumers are embracing a new idea of ownership based on recurring payments. However, this shift opens opportunities for fraudsters to exploit payment fraud which can have grave consequences for companies unprepared in the age of generative AI.

Cybercriminals are now utilizing AI to create false identities and payment credentials and fooling systems to accept what are otherwise fraudulent transactions. This leaves current fraud prevention systems unprepared to handle this level of sophisticated attacks.

Watch this webinar to learn from our panel to understand more about trends and how AI shapes the approach and response to payment fraud for saas based companies.