The surge in digital payments and mobile banking has transformed financial services but it has also expanded the fraud landscape. Traditional, rule-based fraud detection methods are increasingly ...
Last year, Deloitte, a financial auditing and consulting firm, reported an instance where a Hong Kong company sent USD 25 million to a fraudster who was using deepfake technology to impersonate the ...
Digitalisation has rapidly changed the face of industry and business. Businesses have increasingly integrated modern technologies into their operations to improve real-time activity. However, ...
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.
Users can log in to free apps like Google Gemini or ChatGPT and create realistic-looking, fraudulent documents — such as fake ...
Scammers have become psychological warfare experts, manipulating victims with deepfakes and AI-powered deception that results in a staggering $1.03T in global losses annually. As traditional security ...
In the rapidly evolving digital landscape of 2026, the battle between cybercriminals and security experts has shifted to a new frontier: Data. As financial tech ...
Google has unveiled its Safety Charter in India, which will expand its AI-led developments for fraud detection and combating scams across the country. India is the company’s largest market outside the ...
As law enforcement agencies around the world grapple with deepfakes, more tools to protect businesses are joining the arsenal of available defenses.
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 ...