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 ...
Deepfakes have evolved far beyond internet curiosities. Today, they are a potent tool for cybercriminals, enabling sophisticated fraud across onboarding, account recovery, partner verification and ...
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 ...
The financial system has a trust problem driven by artificial intelligence, and CIOs looking to prevent fraud and other ...
About 87.5% of Nigerian fintech companies now deploy artificial intelligence (AI) for fraud detection, highlighting how risk ...
Digitalisation has rapidly changed the face of industry and business. Businesses have increasingly integrated modern technologies into their operations to improve real-time activity. However, ...
New deepfake detection layer completes defense-in-depth approach against AI-powered identity fraud ...
The financial consequences affect nearly everyone: 99% of organizations report fraud losses from AI-enabled attacks in the past year, with an average of $414,000 per organization. One-third of ...
Survey finds challenges and opportunities for financial institutions as consumers shift to digital transactions. AUSTIN, Texas--(BUSINESS WIRE)--A growing number of Americans are sounding the alarm on ...
AI is a particularly powerful tool in the hands of fraudsters. Fraud powered by generative AI is only limited by the criminal's imagination. When it comes to preventing financial fraud, many experts ...
Deezer has licensed its AI-detection technology to French royalty agency Sacem to tackle music fraud, with the tool identifying up to 85% of fraudulent AI-generated streams. The technology's success ...
The Paris-based streaming service also plans to commercialize its proprietary AI-detection technology for the broader music industry.