Had it been around in 2020, it could have flagged tens of billions before payouts, PRAC tells Congress A fraud-detection AI ...

A team of researchers in the MSS Department is researching the use of text mining to detect fraud from the EDGAR database. EDGAR -- the Electronic Data Gathering, Analysis, and Retrieval system — ...

Fraud detection is no longer enough to protect today’s financial ecosystem. As digital transactions increase in volume and complexity, banks require intelligent systems that can assess risk with ...

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 ...

Fraud detection is a high-stakes game of cat and mouse, with retail businesses continually adapting to outsmart increasingly sophisticated fraudsters. As ecommerce losses from online payment fraud ...

Would you buy a vacuum that doesn’t suck? Would you buy a fan that doesn’t blow? Then why are you paying millions of dollars for fraud detection that doesn’t detect fraud? What? They told you they ...

Based on an August 2020 report by Interpol, more people have been spending time online since the start of the coronavirus pandemic, which has resulted in increased cybercrime. UK Finance also claimed ...

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 ...

Ever find your palms sweating as you enter your payment info into a merchant site you’ve never used before? It’s a natural response; few financial details are more important than your payment methods ...

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 ...