Get the latest federal technology news delivered to your inbox. The Treasury Department has recovered over $375 million since it started a new AI-powered fraud detection process in late 2022.
The hiring process has become a high-stakes battleground. What was once a relatively secure human-to-human interaction is now vulnerable to synthetic identities, deepfakes, identity manipulation, and ...
Codoxo, the leading provider of AI and generative AI-powered healthcare payment integrity solutions, today announced the launch of Deepfake Detection, an AI-driven fraud detection tool now being ...
Chances are you’ve spotted odd-looking charges on your credit card statement, which prompted you to seek a refund from your issuer. Around 50% of consumers investigated a transaction they made in the ...
Database design and management are essential pillars of success in the financial sector, where efficient data handling and adherence to regulatory standards are critical. The global market for ...
JERSEY CITY, N.J., March 04, 2024 (GLOBE NEWSWIRE) -- Verisk (Nasdaq:VRSK), a leading global data analytics and technology provider, today announced two new collaborations with insurance technology ...
Financial crime is a constantly shifting threat. Fraudsters operate with unprecedented speed, scale, and technological capability. Their sole intent is to exploit any gap left unprotected, the most ...
ARLINGTON, Va.--(BUSINESS WIRE)--Accenture Federal Services (AFS), a subsidiary of Accenture (NYSE: ACN), has won a $73 million contract from the Internal Revenue Service (IRS) to support the agency ...
In retail, even a 1-2% increase in operational costs from fraud management can wipe out an entire year’s profit improvement.
Verisk’s ClaimSearch platform plays a crucial role in combating the estimated $309 billion annual toll insurance fraud imposes on American businesses and consumers by providing P&C carriers with ...