In today’s rapidly evolving digital landscape, fraud and financial crime have become increasingly complex and create pervasive issues for organizations of all sizes and specialties. As a result, ...

Fraud is widespread in the United States and increasingly driven by technology. For example, 93% of credit card fraud now involves remote account access, not physical theft. In 2023, fraud losses ...

Abstract: Fraud in supply chain operations poses significant risks to businesses, including financial losses, operational inefficiencies, and erosion of stakeholder trust. With the increasing ...

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 ...

In an increasingly digital financial landscape, fraud is evolving in both scale and complexity. Financial institutions from global banks to nimble fin-techs face constant threats ranging from payment ...

The Treasury says it identified or recovered $4 billion in fraudulent payments last fiscal year, a sixfold increase over the previous year. Reading time 2 minutes The U.S. Department of the Treasury ...

I've spent more than 17 years watching digital banking systems transform. Consulting for banking giants, as well as having been a technical expert at Capital One, I've had my hands in the systems that ...

At this year’s Credit Scoring and Credit Control Conference in Edinburgh, colleagues Ben Archer and Peter Szocs presented on a topic gaining significant attention: how federated learning can support ...

Mastercard is using AI to help detect and prevent credit card fraud. The company says the tech can flag unusual patterns and block fraudulent transactions. This article is part of "AI in Action," a ...

A nonprofit has launched the first open source platform aimed at delivering sophisticated anti-fraud capabilities to financial systems in Africa as well as parts of Asia and the Middle East. The ...