The global cost of fraud is now estimated at over $5 trillion. In the APAC region, attack rates are around 15% higher than ...

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, ...

Tennessee Senator Marsha Blackburn asks Secretary of Health and Human Services Robert F Kennedy Jr about what he was doing ...

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 ...

With fraud costing the UK economy over £200 billion every year, it is no surprise that banks treat suspicious activity with ...

DataVisor Inc., a fraud- and risk-management solutions provider, early Monday announced the launch of an artificial intelligence-based platform that measures hot spot, distinct count, and ...

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 ...

Last year, Deloitte, a financial auditing and consulting firm, reported an instance where a Hong Kong company sent USD 25 million to a fraudster who was using deepfake technology to impersonate the ...

Key opportunities include the adoption of anti-skimming technologies, AI-based fraud detection, and cloud-based tools, with ...

Rising reverse logistics costs and coordinated refund abuse push retailers toward real-time risk scoring, identity intelligence, and automated policy orchestration systems NEWARK, DE / ACCESS Newswire ...

CHICAGO--(BUSINESS WIRE)--Fingerprint, a leader in device intelligence for fraud prevention, today announced Proximity Detection, a new location-based signal for mobile devices that enables ...

First-party fraud, also known as “friendly fraud,” accounted for 36% of all fraud globally in 2024, up from 15% the previous year, says LexisNexis Risk Solutions’ Cybercrime report. First-party fraud ...