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Stock impact report

Marqeta adds AI risk score to Real-Time Decisioning for authorisation checks [Yahoo! Finance]

Marqeta, Inc. - Class A (MQ) 
Company Research Source: Yahoo! Finance
The company said the feature is intended to help customers make data-driven risk judgements to curb payment fraud while reducing false declines. RTD is part of Marqeta's wider set of risk services and lets customers set custom rules and controls for fraud management. The new risk score is built into Marqeta's platform and draws on proprietary transaction data from its card programmes to identify risk patterns tailored to each customer's use case. Marqeta said the score evaluates more than 300 real-time transaction attributes against historical behavioural patterns and adapts to cardholder behaviour as well as broader market shifts. This, the company said, enables customers to judge the risk level of each transaction, take immediate action, and run risk scenarios based on their own cardholder data, with millisecond-level response times. Marqeta framed the update against increasingly complex fraud methods, citing estimates that global payment fraud will rise by 153% between 2 Show less Read more
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