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Key takeaways:
- The continued rise of digital transactions and experiences is opening doors to new fraud opportunities and with the help of AI, fraudsters are able to execute sophisticated fraud, like synthetic identities and account takeover with unprecedented speed and scale.
- A holistic defense is the best countermeasure. Business must adopt AI-powered solutions using differentiated data, a global data network and device intelligence to stop fraud in real-time.
- Fraud prevention does not have to come at the expense of revenue. A holistic solution should enable a business to say ‘yes’ more often and turn fraud protection into a strategic advantage.