TRAI chairman said AI-led interventions have delivered visible benefits to consumers, particularly in curbing unsolicited commercial communications and digital fraud ...

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 ...

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, ...

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 ...

Mastercard is using AI to help detect and prevent credit card fraud. The company says the tech can flag unusual patterns and block fraudulent transactions. This article is part of "AI in Action," a ...

Blockchain analysis giant Chainalysis Inc. said today that it has acquired the Israeli startup Alterya Inc., which develops an artificial intelligence detection solution to beat financial scammers and ...

An artificial intelligence (AI) system used by the Department for Work and Pensions (DWP) to detect welfare fraud is showing “statistically significant” disparities related to people’s age, disability ...

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 ...