Case Study: Mastercard detects fraud more effectively with AWS AI and ML Services

Mastercard Uses AWS AI and ML Services to Detect and Prevent Fraud

MasterCard worked with AWS Glue and AWS AI/ML services to strengthen global fraud detection. The company’s challenge was to identify more fraudulent transactions while reducing the number of false positives that can create friction for legitimate customers and merchants.

AWS helped Mastercard implement AI and machine learning capabilities for fraud detection, improving accuracy at scale. The result was three times more fraudulent transactions detected and a tenfold reduction in false positives, delivering billions of dollars in merchant savings and a better customer experience worldwide.

MasterCard

Manu Thapar

Chief Technology Officer, Cyber & Intelligence