AI-Powered Fraud Scoring in Emerging Payments [payCLT Event in Charlotte] Let's Talk Payments

As the series of payCLT events in Charlotte continue to roll out, another one was held on April 15 with Todd Clark, General Manager of First Data's STAR Network, as the guest speaker at this event. Todd Clark leads First Data's STAR Network, the world's largest independent debit network, which was acquired by First Data in 2003. Mr. Clark has shared valuable insights on the debit cards industry and fraud in emerging payments. One of the insights shared by Mr. Clark was regarding the prioritization of payments methods: EMV and contactless payments at POS. According to Mr. Clark, the merchants following customer preferences have encountered a low adoption of contactless payments among the customer base.