Fraud detection is a high-stakes game of cat and mouse, with retail businesses continually adapting to outsmart increasingly sophisticated fraudsters. As ecommerce losses from online payment fraud ...

How can artificial intelligence help detect fraud? Artificial Intelligence can play a crucial role in fraud management by detecting and preventing fraudulent activities. The global average rate of ...

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, ...

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 ...

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, ...

Mastercard told CNBC it's launching a new generative artificial intelligence model to allow banks to better assess suspicious transactions on its network. The new Decision Intelligence Pro feature is ...

Global banking cooperative SWIFT plans to ring in 2025 by launching AI-enhanced fraud detection capabilities. The new function will give financial institutions more accurate insight into potentially ...

In December 2022, The Nilson Report forecasted that bank card fraud losses in the United States would soar to $165.1 billion over the next ten years. These staggering figures are prompting banks, ...

AI algorithms can analyze transactions in real time, detect anomalies and patterns that may indicate fraudulent activities, and alert banks to take appropriate actions. An example of fraud detection ...

Opinions expressed by Entrepreneur contributors are their own. Internet fraud is a menace in our various financial institutes, and many fintech companies have been victims of this fraud game.

The passive liveness detection technology will be integrated with the IKD platform to ensure that citizens have secure and ...