Neil Katkov, who oversees the risk and compliance space at Celent, told Forbes the new IBM z16 mainframe with on-chip AI will permit high-speed payment processors to run all their transactions through fraud protection. Firms have until now been limited to around 10% of their transactions due to throughput and latency issues. Payment firms have two concerns when presented with a payment — preventing fraud and the second is turning down legitimate transactions, due to false positives.
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