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 ...

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 ...

Priya Mehra, a 34-year-old communications professional, fell prey to a real estate scam while searching for a house online. After finding a listing she liked, she contacted the owner, who requested a ...

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 ...

Agentic AI enables autonomous reasoning and decision-making in financial services, offering transformative benefits in advisory services, fraud detection, and compliance but requires careful data ...

In an increasingly digital financial landscape, fraud is evolving in both scale and complexity. Financial institutions from global banks to nimble fin-techs face constant threats ranging from payment ...

To make modern fraud detection technology more accessible to community banks, Jack Henry & Associates Inc. late Thursday announced plans to launch early next year Financial Crimes Defender, a ...

Financial fraud is increasing at an alarming rate. And prosecutors are still struggling to catch up with the "tidal wave of pandemic fraud." A staggering 70% of financial institutions were fleeced for ...

The federal government’s bet on using artificial intelligence to fight financial crime appears to be paying off. Machine learning AI helped the US Treasury Department to sift through massive amounts ...

The global digital payments market is continuing to experience intense growth. AI-integrated payments technology will be indispensable in the next wave of digital commerce. Companies are now ...