Traditional rule-based systems, once sufficient for detecting simple patterns of fraud, have been overwhelmed by the scale, ...

In today’s digital world, fraud has become more complex, which means we need smarter ways to detect and prevent it. Generative AI helps with this by looking at large amounts of data in real-time, ...

Proactive monitoring tools, such as a third-party hotline platform and data analytics, coupled with employee engagement and a ...

What’s driving the rise in digital fraud? The global payments landscape appears more dynamic and complex than ever before. As e-commerce spending accelerates toward an estimated $8.1 trillion by 2028, ...

Explainable AI plays a central role in validating model behavior. Using established explainability techniques, the study examines which financial variables drive fraud predictions. The results show a ...

How can artificial intelligence help detect fraud? Artificial Intelligence can play a crucial role in fraud management by detecting and preventing fraudulent activities. The global average rate of ...

The Fast Company Executive Board is a private, fee-based network of influential leaders, experts, executives, and entrepreneurs who share their insights with our audience. BY Matt Swann The rise of ...

Bob Haegele is a freelance writer specializing in topics such as insurance, investing, and credit cards. His work has appeared on Business Insider, CreditCards.com, and other nationally recognized ...

Fraudulent activities within the financial services sector have escalated into a significant concern, with projections indicating that online payment fraud could result in losses exceeding $206 ...

Fraud and financial crime prevention platform company Feedzai Inc. revealed today that it has raised $75 million in new funding on a valuation of more than $2 billion. The company also said it has ...

In August, German banks froze over €10 billion in PayPal payments due to suspected fraud, a disruption that underscored the scale of growing financial security concerns. If even long-standing, trusted ...