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

The ability of computers to learn on their own by using data is known as machine learning. It is closely related to artificial intelligence ...

As the perpetrators of accounting fraud become ever more sophisticated in their techniques, fraud detection needs to step up its game. Thankfully, a group of researchers have devised a new machine ...

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 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 ...

AI has been used to defraud people through everything from calling voters to faking celebrity giveaways. Now, the US Treasury Department claims machine learning AI has played a critical part in its ...

Betting companies train machine learning programs to monitor players’ behaviour. AI technologies seem to have been integrated into every corner of our lives. Most businesses have jumped on the ...