Counterfeit or low-quality products—such as olive oil made from dyed rapeseed oil—are often difficult or impossible to ...
Artificial intelligence (AI), like any technology, can be misused. Malicious actors intent on committing fraud can use AI to create more realistic deceptions at a much faster clip. How has the threat ...
Fraud detection is no longer enough to protect today’s financial ecosystem. As digital transactions increase in volume and complexity, banks require intelligent systems that can assess risk with ...
The Fast Company Executive Board is a private, fee-based network of influential leaders, experts, executives, and entrepreneurs who share their insights with our audience. BY Matt Swann The rise of ...
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, ...
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 ...
An AI model has been developed under government leadership to preemptively detect jeonse fraud before the contract signing stage. The government plans to discuss measures to develop it into an actual ...
On Wednesday morning, Fannie Mae president and CEO Priscilla Almodovar took to the stage at Fannie Mae’s headquarters with Federal Housing Finance Agency (FHFA) Director Bill Pulte and Palantir ...
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 ...
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 ...