THE IMPACT OF THE APPLICATION OF ARTIFICIAL INTELLIGENCE ON THE SECURITY OF NON-CASH PAYMENTS

Abdourahman Djamal Djama

The rapid shift from cash to cashless payment methods has transformed the financial industry, creating unprecedented convenience as well as significant security concerns. In response to increasingly sophisticated cyber threats, the use of artificial intelligence (AI) in securing payment systems has become critical. The use of artificial intelligence (AI) in cashless payments has revolutionized the security of cashless payments, providing increased security and efficiency to payment processes. This article explores the profound impact of artificial intelligence on cashless payment security, focusing on its role in fraud detection, prevention and authentication techniques. However, this article also examines the transformative impact of AI on the security of payment systems, discussing its benefits, challenges and future prospects.

Keywords:artificial intelligence; cybersecurity; non-cash payments; machine learning; deep learning; natural language processing.