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

ML tailors banking solutions by analyzing transactions, spending habits, and financial goals. It detects fraud in real time, adapts to threats, and verifies customer identity behaviorally. AI chatbots ...

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, ...

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 ...

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

Fraud detection requires leveraging new tools and models to keep ahead of increasingly sophisticated fraud. Financial institutions use AI to detect and prevent billions of dollars of fraud each year ...

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 ...

Impersonation scams, also known as imposter scams, represent one of the most prevalent and effective strategies employed by fraudsters to deceive their victims. These scams often involve the ...

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 ...

While sustainability is frequently mentioned in policy discourse and regulatory frameworks, the study finds that it remains weakly embedded in the core of AI and machine learning research in banking.

The financial sector is undergoing a rapid digital transformation, and digital banking software lies at the heart of this shift. From mobile apps to AI-powered advisory tools, these systems provide ...

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