This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author. More than 50% of fraud involves the use of artificial intelligence.

Explore how AI is transforming risk management in banking, enhancing credit assessments and compliance automation, while ...

Artificial Intelligence has quickly become among the most disruptive technologies in the contemporary financial systems. In ...

In the face of escalating fraud, banks are increasingly relying on artificial intelligence (AI) to safeguard their operations. A recent study by PYMNTS reveals that a remarkable 98% of acquiring banks ...

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, ...

Artificial intelligence (AI) has made significant strides in the banking sector in recent years. From customer service to fraud detection, AI is transforming how banks operate. With the use of machine ...

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 ...

DataVisor, the world’s leading AI-powered fraud and risk platform, today announced that it has been selected as winner of the “AI-based Fraud Prevention Solution of the Year” award in the 8th annual ...

Banks should take a page from the health sciences' playbook and use artificial intelligence to "nudge" consumers away from transactions that have the characteristics of known fraud schemes, writes ...

Forensic analysis has become a cornerstone in the fight against financial fraud, combining accounting, auditing, and investigative skills to uncover and prevent fraudulent activities. As financial ...