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 ...

Transaction fraud has become a growing concern, posing serious risks to businesses. It threatens financial security and ...

What’s driving the rise in digital fraud? The global payments landscape appears more dynamic and complex than ever before. As e-commerce spending accelerates toward an estimated $8.1 trillion by 2028, ...

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

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 ...

Fighting fraud is like playing a game of cat and mouse. But what if the 'mouse' could learn the cat's every move? Machine learning in fraud detection creates a system that constantly gets better at ...

OpenAI's top executive is warning that artificial intelligence is about to supercharge bank fraud at a scale the financial ...

We live in an era of AI and emerging technologies, where easy access to cutting-edge solutions has made data breaches and social engineering increasingly common. The impact is felt not only by large ...

The Financial Fraud Risk Indicator is a government-backed system that flags risky mobile numbers and blocks suspicious ...

Sardine, the leading agentic risk management platform designed to protect companies from financial crime, today announced its partnership with Helix by Q2 , an award-winning, cloud-native core purpose ...

Fraud and financial crime prevention platform company Feedzai Inc. revealed today that it has raised $75 million in new funding on a valuation of more than $2 billion. The company also said it has ...

India's backend fraud-detection system, the Financial Fraud Risk Indicator (FRI), has successfully prevented digital payment ...