Would you buy a vacuum that doesn’t suck? Would you buy a fan that doesn’t blow? Then why are you paying millions of dollars for fraud detection that doesn’t detect fraud? What? They told you they ...

Fraud detection is no longer enough to protect today’s financial ecosystem. As digital transactions increase in volume and complexity, banks require intelligent systems that can assess risk with ...

A team of researchers in the MSS Department is researching the use of text mining to detect fraud from the EDGAR database. EDGAR -- the Electronic Data Gathering, Analysis, and Retrieval system — ...

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 ...

Based on an August 2020 report by Interpol, more people have been spending time online since the start of the coronavirus pandemic, which has resulted in increased cybercrime. UK Finance also claimed ...

The Fast Company Executive Board is a private, fee-based network of influential leaders, experts, executives, and entrepreneurs who share their insights with our audience. BY Matt Swann The rise of ...

NICE Actimize, a NICE business (Nasdaq: NICE), announced the availability of IFM 11 (Integrated Fraud Management), a new release of its AI-driven fraud management and detection platform. The new ...

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, ...

Payment Service Providers (PSPs) need fraud detection systems that can anticipate and adapt to emerging types of fraud whilst maintaining the delicate balance between security and customer experience.

Colorado has developed what it calls “the 18th measure,” a way to detect unemployment fraud. Cher Haavind, deputy executive director and chief communications officer for the Colorado Department of ...