PayU rolls out AI fraud protection tool for cross-border card payments

PayU on Friday launched an AI-powered fraud protection solution for Indian merchants accepting international card payments, as the fintech company looks to shield businesses from rising AI-enabled scams, including fraudulent chargebacks. Unveiled at the Global Fintech Fest, PayU’s Fraud Liability Protect (FLP) uses AI and risk-based profiling to assess cross-border card payments, identify suspicious international transactions and protect Indian merchants against international card fraud.