Overview: AI-powered fraud detection tools are rapidly being adopted by banks and fintechs to block scams and reduce losses.New platforms combine machine learni ...

Explainable AI plays a central role in validating model behavior. Using established explainability techniques, the study examines which financial variables drive fraud predictions. The results show a ...

RIZAL Commercial Banking Corporation (RCBC) has strengthened its fraud detection and cyber risk management systems as ...

The Fast Company Executive Board is a private, fee-based network of influential leaders, experts, executives, and entrepreneurs who share their insights with our audience. BY Matt Swann The rise of ...

The Financial Fraud Risk Indicator is a government-backed system that flags risky mobile numbers and blocks suspicious ...

If we compare the insurance industry to the human body, sales would be the heart pumping blood, while claims management would function as the immune system. Without a proper response from the immune ...

Payment Service Providers (PSPs) need fraud detection systems that can anticipate and adapt to emerging types of fraud whilst maintaining the delicate balance between security and customer experience.

PADUCAH, Ky.--(BUSINESS WIRE)--In response to the rise in check fraud incidents across the country, CSI, a leading provider of end-to-end financial software and technology, today announced the launch ...

As the executive director of a payment service provider, I've seen payment processing come a long way—but significant pain points remain. Traditional systems often struggle with slow transaction ...

An RTI response that MediaNama received from the RBI revealed that 23 banks have implemented the MuleHunter.AI initiative ...

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, ...