Ballerine Launches AI Solution to Combat Rising Fraud

Ballerine, an AI-native platform focused on merchant risk and compliance, has launched a new agentic detection solution named Scam & Fraud Detection. This innovative system is designed to identify and stop merchant fraud early, particularly in response to the increasing sophistication of AI-powered scams. The solution aims to provide businesses with enhanced security measures to protect against evolving fraudulent activities, leveraging artificial intelligence to proactively mitigate risks.