Ninad Kulkarni wrote:How AI will improve Card Payment System?
AI has been used in card payment systems for a long time. Banks routinely monitor accounts for unusual spending patterns, including sudden increases in activity, unusual amounts, and charges from geographic locations not usual for the account holder.
It's pretty much essential, since so many banks and merchants have leaked account information.
"privilege" comes from the Latin words for "private" and "law" (legal) and dates to feudal times. To "claim privilege" meant that you were above the laws that applied to the common people.
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