Pelican Unveils AI-Powered Fraud Prevention Tool to Monitor Security Breaches

[kreslik.news]

Pelican, a provider of payments and compliance solutions for both banks and corporations, has deployed new fraud preventative technology, powered by artificial intelligence (AI), in a bid to help monitor and curb breaches in compliance systems and networks, per a group statement.

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The initiative and launch follows on the heels of a turbulent 2016, which saw numerous breaches to leading payments and interbank networks, including an attempted heist of $1 billion from the Central Bank of Bangladesh via SWIFT’s network.

PelicanSecure Fraud Prevention solution is ... (read more)