Fraud is widespread in the United States and increasingly driven by technology. For example, 93% of credit card fraud now involves remote account access, not physical theft. In 2023, fraud losses ...

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

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 ...

In today’s rapidly evolving digital landscape, fraud and financial crime have become increasingly complex and create pervasive issues for organizations of all sizes and specialties. As a result, ...

A new machine learning breakthrough outperforms traditional methods by reducing false positives and minimizing cases needing further inspection, crucial for sectors like Medicare and credit card fraud ...

Fraud detection is a high-stakes game of cat and mouse, with retail businesses continually adapting to outsmart increasingly sophisticated fraudsters. As ecommerce losses from online payment fraud ...

Today’s fast-paced online world is underlined by systems that allow it to move that fast. Whether it’s the latest advancements to transport systems, faster internet connections, or more real-time ...

The surge in digital payments and mobile banking has transformed financial services but it has also expanded the fraud landscape. Traditional, rule-based fraud detection methods are increasingly ...

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, ...