When a card is swiped, the card issuer sends Spade the data in real-time, and that transaction is linked with a verified merchant identity.

Mastercard's AI-powered fraud detection system uses risk-scoring and behavioral biometrics to help identify suspicious transactions.

Makeup? RVs? Company credit card fraud seems to be on the rise “Firms are catching more shenanigans than they did in the past” because of AI, says Callum Borchers of the Wall Street Journal.