The tool can quickly review submitted questionnaires that document medical evidence to determine a disability rating and ...

In today’s digital world, fraud has become more complex, which means we need smarter ways to detect and prevent it. Generative AI helps with this by looking at large amounts of data in real-time, ...

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 ...

Ever find your palms sweating as you enter your payment info into a merchant site you’ve never used before? It’s a natural response; few financial details are more important than your payment methods ...

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 ...

AI continues to gain momentum, and according to a recent report by Accenture, the technology is predicted to add $1.2 trillion in value to the financial sector by 2035. As the head of a platform that ...

Last year, Deloitte, a financial auditing and consulting firm, reported an instance where a Hong Kong company sent USD 25 million to a fraudster who was using deepfake technology to impersonate the ...

TransUnion LLC has introduced a major upgrade to its Device Risk fraud-detection platform, adding new capabilities designed to improve device recognition, identify anomalies and apply adaptive machine ...

Telecom companies should invest in sophisticated anti-fraud tools that employ machine learning and Artificial Intelligence (AI) to enhance detection and response times while conducting regular audits ...

Fraud is an insidious and growing problem in the transportation industry. From phishing scams and identify theft (impersonating reputable carrier brands) to data spoofing (misrepresenting driver ...

Their 2024 Identity Fraud Report reveals that, between 2023 and 2024, the APAC region experienced a 121% increase in the number of verified identity fraud attacks. Instances of identity fraud rose ...