Fraud Detection Vs. Fraud Prevention: Why Both Matter More Than Ever

“Fraud detection today is about precision, not just protection. The ability to differentiate legitimate customers from ...
Fast Company

The new age of fraud detection: AI, machine learning, and cross-institutional collaboration

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 ...

Beyond Detection: How Fraud Scoring Transforms Risk Management For Modern Banks

Fraud detection is no longer enough to protect today’s financial ecosystem. As digital transactions increase, banks require ...
Nextgov

AI tools helped Treasury recover billions in fraud and improper payments

The payment integrity arm of the Treasury Department says that new AI-powered tools are helping it spot fraudsters and bad actors before they access government money. Treasury prevented and recovered ...
CNN

AI helped the feds catch $1 billion of fraud in one year. And it’s just getting started

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 ...
TechRepublic

Payment Fraud Detection and Prevention: Everything to Know

With AI technology, payment fraud and fraud prevention have become more complex and sophisticated. Both financial data owners and businesses that accept illegal payments are directly affected by ...
Business Insider

Here's what payment companies like Visa, Block, and PayPal are paying AI workers to combat fraud and improve customer experience

The generative AI boom is already having a big impact on payments companies like Visa. Generative AI is being used to reduce fraud and improve the customer experience. Here's how much firms like ...