Most fraud detection gets deployed at crude, arbitrarily chosen thresholds that actively hemorrhage millions. Here's how ...

What Is Instant Payment Fraud Detection? Instant payment fraud detection is the process of identifying suspicious or potentially fraudulent financial transactions as they happen. It helps banks assess ...

In the final part of our artificial intelligence deep dive, Mandy Langfield focuses her attention on how AI is assisting in ...

Fraud networks often go undetected because traditional systems assess transactions individually, losing the connections between accounts, devices, merchants and synthetic identities. This is ...

Scam prevention educator Carol Gonsales talks about WiseStep AI, a free online tool she created to identify AI scams.

Criminals network attack the trust layer: here’s who banks can take it back.

Companies using several artificial intelligence fraud tools are more likely to stop attempted theft before money leaves their ...

A North Korean hacking group is suspected of stealing about US$6.3 billion (S$8 billion) in crypto assets from Binance, the ...

With AI, criminals have a new tool to defraud mortgage companies, but lenders are using the same technology to stay one step ...

Mary Ellen Strange, a 77-year-old retired nurse, thought she was cooperating with federal investigators. Instead, she was caught in a sophisticated impersonation scam that cost her $400,000, most of ...

Undetected motor and property fraud inflates claims costs that flow directly into broker renewal conversations ...

AI-Led Pre-Payment Review, Record Fraud Enforcement and Vendor Consolidation Reshape a USD 18.33 Billion Market: Segment, ...