As you may already know, in the digital world we increasingly live in, fraudulent activities in finance are a major problem for both companies and individuals. Simultaneously, advances have been made ...

The possible applications of generative AI have been explored by many in recent weeks. However, one major unexplored topic is how fraud analysts can use data created by generative AI to augment and ...

The federal government’s bet on using artificial intelligence to fight financial crime appears to be paying off. Machine learning AI helped the US Treasury Department to sift through massive amounts ...

MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--DataVisor, the most comprehensive, real-time fraud and risk management platform that harnesses sophisticated AI and modern machine learning, today announced a ...

CINCINNATI--(BUSINESS WIRE)--Worldpay ® and Capital One have joined forces in a new collaboration to optimize payment fraud decisioning and enhance payment security and efficiency with a data sharing ...

Kinil Doshi is a Senior VP at Citibank and a fintech expert in banking compliance and risk management with two decades of experience. In this article, I want to explore AI applications in fraud ...

Uncle Sam has quietly deployed a new secret weapon designed to catch bad guys trying to steal from taxpayers: artificial intelligence. Starting around late 2022, the Treasury Department began using ...

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 ...

One area of focus for the bank is using advanced artificial intelligence to detect business-email compromise. In Ryan Schmiedl's work protecting JPMorgan Chase from fraud of all kinds, business-email ...

Yapı Kredi reduced fraud losses by 98.7% over seven years, using FICO® Falcon® Fraud Manager. The bank maintains Turkiye’s lowest card fraud basis point ratio—50% lower than peers. Yapı Kredi analyzes ...