Fraud in payments is growing more sophisticated, forcing payment service providers (PSPs) to rethink their defenses. Today’s fraudsters are even leveraging AI tools to scale attacks and evade ...

One of the most difficult challenges in payment card fraud detection is extreme class imbalance. Fraudulent transactions ...

In a market accelerating toward instant payments and open banking, a siloed approach to fraud detection is no longer viable.

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

In the fast-moving digital landscape, where gig workers expect instant payouts and companies handle millions of microtransactions daily, the need for robust real-time fraud detection has never been ...

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 ...

When the text message came in, Kim Dow's heart sank. "Hi," it read. "Did you just make this purchase with your REI Co-op Mastercard?" The message went on to share the last four digits of Dow's card ...

A review by researchers at Tongji University and the University of Technology Sydney highlights the powerful role of Graph Neural Networks (GNNs) in exposing financial fraud. By revealing intricate ...

If we compare the insurance industry to the human body, sales would be the heart pumping blood, while claims management would function as the immune system. Without a proper response from the immune ...