Rare Carat Uses AI to Polish Off Credit Card Fraud
Diamonds are a fraudster's best friend, where credit card fraud for those purchases accounts for more than $27 billion in annual losses. In this month’s “
Digital Fraud Tracker®,” done in collaboration with and supported by
PayPal, PYMNTS talks with Apeksha Kothari, chief operating officer of diamond ring eTailer Rare Carat, about how it stops credit card fraud from taking the shine out of online diamond purchases.