Kinil Doshi is a Senior VP at Citibank and a fintech expert in banking compliance and risk management with two decades of experience. In this article, I want to explore AI applications in fraud ...

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 ...

In an increasingly digital financial landscape, fraud is evolving in both scale and complexity. Financial institutions from global banks to nimble fin-techs face constant threats ranging from payment ...

As criminal organizations expand their use of information technology, the frequency of global financial fraud rises to historic levels each year, posing significant challenges for governments and the ...

Digital financial services have now emerged as the operational backbone of small and medium-sized enterprises (SMEs). However, this has also exposed the organizations to an increasingly sophisticated ...

Nigerian fintech entities have cut fraud losses in half through sophisticated AI deployment. They spend more on compliance and fraud prevention than on product development. They’ve built detection ...

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 ...

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 ...