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  5. IBM Puts AI On A Chip To Improve Fraud Detection In Real-Time Payments

IBM Puts AI On A Chip To Improve Fraud Detection In Real-Time Payments

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2022/04/06

Neil Katkov, who oversees the risk and compliance space at Celent, said the new IBM z16 mainframe with on-chip AI (artificial intelligence) will permit high-speed payment processors to run all their transactions through fraud protection. In the past firms have been limited to approximately 10% of their transactions because of throughput and latency issues.

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