🚨Fraudsters and crooks have been harnessing AI to create deepfakes and convincing phishing scams since before most people knew what AI was.🚨 At Visa's Payment Vault in Washington D.C. this summer, Visa's risk team shared more about how Visa has invested more than $12 billion into fraud prevention, including building AI-powered platforms designed to stop bad actors in their tracks. The result? $14 billion in presumed fraud prevented in the U.S. alone just last year. Read on for more about how Visa is helping keep money movement safe around the world. 🌍 https://xmrrwallet.com/cmx.pvi.sa/3IFQGAp
Incredible work by the Visa team! 👏 AI is a double-edged sword — while bad actors exploit it for fraud, it’s reassuring to see industry leaders like Visa investing heavily in AI to protect consumers and businesses. $14B in fraud prevented is not just a number — it represents real trust, safety, and innovation. Kudos to the risk team for staying ahead of the curve! 🔐💡
I wonder if you've been AI to commit fraud on immigrants, minorities, and such. And what about the recent events regarding Steam/Itch.io? Why do you seek to achieve a more unfulfilling life than right now? you bunch of robber barons. I hope you all die in a fire. Oh wait...I've got a treat for y'all! Lemonparty.org
Visa and Mastercard are like the villains now ... what happened with Steam is bad...really bad... when 2 companies that split quite equally the market act like this with customers freedom European Commission European Parliament are not nice usually... ;) #StopCensorship
Owning half of the global payment-processing market and pressuring the censorship of legal content within a commerce platform through the refusal of services is quite literally an obstruction of business. Shame on VISA.
Visa : the censorship company
The threats are real, and evolving fast. Props to Visa for being proactive instead of reactive.
Your attack on the gaming and entertainment industry is shameful and tyrannical. It goes far beyond simply preventing illegal activity, which should absolutely be done, but to censoring legally protected works that don't align with your moral viewpoint. Your ability to choose what and who to associate with is itself a protected right. However, given your duopoly status and blatant coordination with Mastercard, this should be viewed as an attack on freedom of speech and expression, which should be illegal. I hope there will be new legislation to come from this to prevent payment processors from becoming the arbiters of 1st amendment. "If you could be told of what you can see or read, then it follows that you can be told what to say or think." It's a slippery slope, Visa, you should stay in your lane.
Love seeing AI used not just to impress, but to actually make payments safer for everyone.