To protect our customers from increasingly sophisticated fraud attempts, Entercard employs a cutting-edge anti-fraud system powered by artificial intelligence (AI) – designed to mimic the way the human brain learns and adapts.
Built on world-leading technology
Our system is developed by FICO, a global leader in fraud prevention. It’s one of the most advanced AI-driven platforms available, capable of intercepting 8 out of 10 fraud attempts before they ever reach the customer.
How It Works
The AI system continuously collects and analyses transaction data using advanced algorithms. Here's what happens behind the scenes:
Pattern Recognition: As it gathers more data, the system learns to identify patterns in legitimate and fraudulent behaviour.
Real-Time Analysis: Each transaction is evaluated in just 40–50 milliseconds – six times faster than the blink of an eye.
Neural Inspiration: The system’s learning process is modelled after how neurons connect and store knowledge in the human brain.
When a transaction occurs, the AI compares it to known patterns and instantly determines whether it’s suspicious or safe.
Why AI makes a difference
Artificial intelligence offers several key advantages in fraud detection:
Speed: Instant decision-making prevents fraud before it affects customers.
Continuous Learning: With access to billions of global transactions, the system evolves and improves with every data point.
Adaptability: AI can detect emerging fraud trends and adapt without manual intervention.
With a combination of expert staff, trusted partners, and state-of-the-art technology, Entercard is committed to keeping your financial activity secure – today and in the future.