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 ...

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 ...

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 ...

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Do you see a transaction on your credit card statement that you don’t recognize? If so, don’t ignore it. It could be a fraudulent transaction you didn’t authorize. If you investigate and find that the ...

SAN FRANCISCO--(BUSINESS WIRE)--Motive, the AI-powered Integrated Operations Platform, today announced new AI-powered fraud controls that detect fraud before it happens. Motive’s new fraud control ...

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 ...

Fraud detection is a high-stakes game of cat and mouse, with retail businesses continually adapting to outsmart increasingly sophisticated fraudsters. As ecommerce losses from online payment fraud ...

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 ...

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 ...