Financial institutions face mounting challenges from increasingly sophisticated fraud schemes and cyberattacks that threaten not only their bottom lines but also consumer trust. Against this backdrop, ...
In a market accelerating toward instant payments and open banking, a siloed approach to fraud detection is no longer viable.
Fraud detection is no longer enough to protect today’s financial ecosystem. As digital transactions increase in volume and complexity, banks require intelligent systems that can assess risk with ...
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 ...
NEW YORK, NY, UNITED STATES, May 5, 2025 /EINPresswire.com/ -- DigiAsia Corp Announces Full Implementation of AI-Powered Fraud Detection System Across All Mobile ...
Rohith Vegesna is a software engineer specializing in secure, cloud-connected fueling systems, with a strong focus on IoT, real-time monitoring, and cybersecurity.
In the fast-moving digital landscape, where gig workers expect instant payouts and companies handle millions of microtransactions daily, the need for robust real-time fraud detection has never been ...
TEL AVIV, Israel & BOSTON--(BUSINESS WIRE)--Transmit Security's Blinded by the Agent research reveals a coming crisis: consumer AI agents are defeating traditional fraud detection. Enterprises are ...
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.
An artificial intelligence (AI) system used by the Department for Work and Pensions (DWP) to detect welfare fraud is showing “statistically significant” disparities related to people’s age, disability ...
When the text message came in, Kim Dow's heart sank. "Hi," it read. "Did you just make this purchase with your REI Co-op Mastercard?" The message went on to share the last four digits of Dow's card ...