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 ...
Nigerian fintech entities have cut fraud losses in half through sophisticated AI deployment. They spend more on compliance ...
The Global Online Fraud Detection Market Size is projected to grow at a CAGR of 24.2% from 2024 to 2031, according to a new report published by Verified Market Research®. The report reveals that the ...
Generative AI is now at the centre of fraud strategy in digital banking. What began as an efficiency tool has quickly become a frontline defence, as banks are forced to confront a new reality: fraud ...
How can artificial intelligence help detect fraud? Artificial Intelligence can play a crucial role in fraud management by detecting and preventing fraudulent activities. The global average rate of ...
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 ...
Jack Henry & Associates has launched PayrailzFraud Monitor, a real-time fraud-monitoring technology for payments. The cloud-native solution, which Jack Henry describes as an enhancement to its ...
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 ...
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 ...
Mastercard told CNBC it's launching a new generative artificial intelligence model to allow banks to better assess suspicious transactions on its network. The new Decision Intelligence Pro feature is ...
The passive liveness detection technology will be integrated with the IKD platform to ensure that citizens have secure and ...