Proactive monitoring tools, such as a third-party hotline platform and data analytics, coupled with employee engagement and a ...

Traditional rule-based systems, once sufficient for detecting simple patterns of fraud, have been overwhelmed by the scale, ...

Explainable AI plays a central role in validating model behavior. Using established explainability techniques, the study examines which financial variables drive fraud predictions. The results show a ...

Among the richest signals lenders can use to assess the authenticity of loan applications are artifacts in submitted documents — changes to fonts, say, or digital white-out used to cover and replace a ...

In today’s digital world, fraud has become more complex, which means we need smarter ways to detect and prevent it. Generative AI helps with this by looking at large amounts of data in real-time, ...

The Federal Reserve is racing to contain a new kind of systemic risk, one that does not start with bad loans or exotic ...

The Treasury says it identified or recovered $4 billion in fraudulent payments last fiscal year, a sixfold increase over the previous year. Reading time 2 minutes The U.S. Department of the Treasury ...

One area of focus for the bank is using advanced artificial intelligence to detect business-email compromise. In Ryan Schmiedl's work protecting JPMorgan Chase from fraud of all kinds, business-email ...

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 ...

Bob Haegele is a freelance writer specializing in topics such as insurance, investing, and credit cards. His work has appeared on Business Insider, CreditCards.com, and other nationally recognized ...

The modern workplace presents complex security challenges that extend beyond traditional cyber perimeters. While organizations invest heavily in ...