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 ...

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, ...

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 ...

Fraudulent activities within the financial services sector have escalated into a significant concern, with projections indicating that online payment fraud could result in losses exceeding $206 ...

Global banking cooperative SWIFT plans to ring in 2025 by launching AI-enhanced fraud detection capabilities. The new function will give financial institutions more accurate insight into potentially ...

Traditional rule-based systems, once sufficient for detecting simple patterns of fraud, have been overwhelmed by the scale, ...

A surge in digital payment technologies has been paralleled by an equally rapid increase in credit card fraud. This research field explores multifaceted approaches that combine advanced analytics, ...

Socure, an AI platform for digital identity verification and fraud prevention, announced early Wednesday the launch of Hosted Flows, fraud-detection technology that enables users to build, customize, ...

Machine learning has a firm place in banks' fraud and scam detection work. But some are also experimenting with using generative AI to research and handle claims. Some of this will take human effort — ...

Mukul Garg is the Head of Support Engineering at PubNub, which powers apps for virtual work, play, learning and health. Real-time payments offer unprecedented speed and convenience. However, any ...

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 ...