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 ...

The use of real-time payments has been a welcome addition to the financial industry because of how quickly transactions can be completed. But as with many things, there are downsides, such as bringing ...

Research predicts that the growth of e-commerce will lead to $362 billion in fraud losses between 2023- 2028. AI enables faster fraud tactics like card enumeration and deepfakes, causing significant ...

Abrigo Inc., a provider of credit risk, compliance, and lending solutions for financial institutions, announced early Wednesday the launch of Abrigo Fraud Detection for ACH. The solution detects fraud ...

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 ...

Forbes contributors publish independent expert analyses and insights. Author, professor and founder. Deeply curious about leadership. Across industries, economies, and every digital touchpoint in ...

The research “Detecting Financial Fraud in Real-Time Transactions Using Graph Neural Networks and Anomaly Detection Techniques” presents an AI-driven system for real-time fraud detection in digital ...

Don’t ignore potentially fraudulent credit card transactions; instead, take advantage of the protections and refund processes available through your card issuer. Confirm that the transaction is indeed ...

Apple recently claimed that it stopped over $7 billion of potential fraudulent transactions between 2020 and 2023. The figures emerged from the company’s fourth annual fraud prevention analysis that ...