Summary
The system checks each payment in real time to pick the safest route and stop fraud.
Early tests show it can improve success rates and catch many more fake card attempts.
Key Points
3 points1
The system, called Vulcan, was built with technology from NVIDIA Corporation and Amazon Web Services.
2
It learned from data of over one million shoppers and many businesses across India.
3
It already handles billions of payment decisions, improving success by up to ten percent.
New Words to Learn
7 wordsArtificial Intelligence
computer programs that can learn and make decisions
foundation model
a large, flexible AI program used for many purposes
transaction
the act of paying for something, especially online
fraud
deceptive actions that try to steal money or information
routing
choosing the best path for a payment to travel through banks
Unified Payments Interface
a common way to send money using phones in India
digital economy
the part of the economy that works with computers and the internet
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