In a market accelerating toward instant payments and open banking, a siloed approach to fraud detection is no longer viable.

One of the most difficult challenges in payment card fraud detection is extreme class imbalance. Fraudulent transactions ...

During the pandemic, fraud skyrocketed as government agencies attempted to get critical funds quickly out the door to people in need. Domestic and international crime rings took advantage of outdated ...

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 ...

Mastercard is using AI to help detect and prevent credit card fraud. The company says the tech can flag unusual patterns and block fraudulent transactions. This article is part of "AI in Action," a ...

What’s driving the rise in digital fraud? The global payments landscape appears more dynamic and complex than ever before. As e-commerce spending accelerates toward an estimated $8.1 trillion by 2028, ...

To address this challenge, I propose the 5‑Layer Modernization Stack, a practical, implementation‑ready architecture designed specifically for financial institutions adopting generative AI. This ...

In August, German banks froze over €10 billion in PayPal payments due to suspected fraud, a disruption that underscored the scale of growing financial security concerns. If even long-standing, trusted ...