Financial institutions are rapidly adopting AI for credit scoring, fraud detection, and customer engagement, using machine learning to expand access, improve accuracy, and speed decisions. While these ...

Artificial intelligence has been a crucial part of the industry for decades, and more uses of the technology are coming — including, maybe, AI agents that make purchasing decisions for you. Many or ...

The new AI-powered platform from Experian delivers real-time fraud insights, increasing APP detection by 200% while reducing ...

Equifax Inc. early Friday launched an application to identify synthetic identity fraud. The app, known as Synthetic Identity Risk, uses artificial intelligence to analyze identity data, credit ...

This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community. The move demonstrates how usage of AI and machine learning in ...

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, ...

Key insight: Passive, real-time call fraud scoring reduced fraud exposure and improved member experience for MSUFCU. Expert quote: Fraud strategist Frank McKenna said humans can't reliably detect ...

Consumers increasingly expect their financial institutions to use artificial intelligence–powered fraud prevention to protect them from scammers leveraging AI. AI models trained on large financial ...

Credit card fraud is a growing threat, often unnoticed until significant damage occurs. Reporting fraud promptly, understanding various fraud types, and consistently monitoring credit activity can ...