Does your organization focus on proactive fraud prevention? The answer may surprise you, for as an auditor, I find that most organizations fail to get serious about prevention until fraud happens to ...

When it comes to fraud prevention, most companies rush to invest in software, threat detection systems, audit automation tools, access controls, etc. The truth is, fraud prevention isn’t a technology ...

With AI technology, payment fraud and fraud prevention have become more complex and sophisticated. Both financial data owners and businesses that accept illegal payments are directly affected by ...

The use of AI in banking fraud detection is becoming more and more popular. Indeed, the statistics surrounding online fraud are alarming. Cybercrime imposes a significant cost on the global economy ...

This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community. Nacha event Smarter Faster Payments in New Orleans set aside ...

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, ...

The problem is severe: 54 percent of companies report attempted produce fraud, while 41 percent have been direct victims of ...

The federal government’s bet on using artificial intelligence to fight financial crime appears to be paying off. Machine learning AI helped the US Treasury Department to sift through massive amounts ...

Real-time transaction monitoring and anomaly detection Behavioral biometrics and risk scoring to stop account compromise Dark web, cybercrime, and risk intelligence to track stolen credentials, ...

BOULDER, Colo.--(BUSINESS WIRE)--ParaScript, an AI-powered document processing company, today announced a year of strong growth and key milestones as it expands to meet growing financial services and ...