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 ...

Join our daily and weekly newsletters for the latest updates and exclusive content on industry-leading AI coverage. Learn More The rise in identity fraud has set new records in 2022. This was put in ...

Digital transactions have emerged as a dominant force in today’s global commerce sector, empowering businesses and financial institutions like never before. However, at the same time, this transition ...

A groundbreaking CLARA Analytics study on fraud detection in property and casualty insurance claims has revealed that advanced analytical methods can accurately identify potential fraud indicators ...

Abstract: Fraud in supply chain operations poses significant risks to businesses, including financial losses, operational inefficiencies, and erosion of stakeholder trust. With the increasing ...

Based on an August 2020 report by Interpol, more people have been spending time online since the start of the coronavirus pandemic, which has resulted in increased cybercrime. UK Finance also claimed ...

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, ...

Join our daily and weekly newsletters for the latest updates and exclusive content on industry-leading AI coverage. Learn More On pace to defraud financial and commerce systems by nearly $5 billion by ...

According to recently announced FTC data, consumers lost more than $12.5bn to fraud last year, which represents a 25% increase over the prior year. With the advent of AI and other modern technology ...