"Mastercard Inc. today announced that it has teamed up with nine British banks to combat consumer fraud using a new artificial intelligence solution that can detect scams in real-time and protect customers before money leaves the victim’s accounts. Nine of the biggest banks in the United Kingdom including Lloyds Banking Group Plc, Halifax, Bank of Scotland Plc, NatWest Group Plc, Monzo Ltd. and TSB Banking Group Plc joined Mastercard to use the AI system to catch fraudsters and prevent payment scams."