Explainable AI plays a central role in validating model behavior. Using established explainability techniques, the study examines which financial variables drive fraud predictions. The results show a ...

In the face of escalating fraud, banks are increasingly relying on artificial intelligence (AI) to safeguard their operations. A recent study by PYMNTS reveals that a remarkable 98% of acquiring banks ...

Recent analyses reveal that artificial intelligence, intended as a tool for combating financial fraud, is instead amplifying risks by enabling more advanced scams and eroding trust in financial ...

Swift and 13 international banks doubled real time fraud detection in trials involving ten million test transactions Privacy-enhancing technologies enabled ...

The most convincing media you see online could be an AI-generated fake. Last May, nefarious marketers used deepfake tech to steal the likenesses of famous people, running ads online and making it ...

Google Ads quietly rolls out a powerful new AI model that is better able to catch policy violations and malicious activity.

BECKLEY, WV (WVNS) – Many people today are using AI to help them write, create content, and organize information. Did you know the tech could also be helping to protect your wallet? AI is being ...

Get the latest federal technology news delivered to your inbox. The Centers for Medicare and Medicaid Services has launched a challenge to identify artificial intelligence solutions and machine ...

For as long as accounting has existed, the principle of backup documentation has anchored financial integrity. Every expenditure requires evidence that proves a legitimate purchase occurred. In ...

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, ...

Retailers lose $76.5 billion annually to return fraud as nearly 10% of U.S. retail returns involve fraudulent activity, with ...