[Virtual Presenter] Today we are going to analyze how anomaly detection and generative A-I can be applied to find suspicious payment activities and reduce the effects of credit card fraud on customers. We will investigate the usage of machine learning methods to recognize abnormalities in a transaction as well as create simulated data to allow more comprehensive fraud identification. By understanding these approaches we can guarantee that we are doing our utmost to protect our clients..
[Audio] Anomaly detection and generative A-I can be used to protect consumers from credit card fraud such as unauthorized transactions due to stolen or counterfeit cards identity theft where criminals obtain personal and financial information and merchant fraud involving activities like overcharging or billing for goods/services not provided. Such techniques can help detect these types of activities and protect consumers..