Visa says it is detecting twice as much fraud on the riskiest transactions using the new systems. It can detect more than three times the amount of fraudulent cross-border fraud than was previously identified. The processing platform can handle up to 20,000 transactions per second. The company also implemented a new operating system earlier this year, allowing more information to be analysed per second, and performing more complex processing functions. It said that using the system it has a ‘comprehensive view’ into global payments, aiding with spending patterns.”]
Source: https://www.csoonline.com/article/2126572/visa-beefs-up-fraud-detection-technology.html