MIT's new machine learning technique may detect credit card fraud

Ever used your credit card at a new store or location only to have it declined? One reason could be that fraud-detecting technologies used by a consumer's bank have incorrectly flagged the sale as suspicious, researchers say.

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Ever used your credit card at a new store or location only to have it declined? One reason could be that fraud-detecting technologies used by a consumer's bank have incorrectly flagged the sale as suspicious, researchers say.