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

The payments industry is undergoing a profound transformation, and Artificial Intelligence is leading the charge. What began as a tool for basic automation has evolved into a powerful intelligence ...

What used to be simple forgery or stolen checks has evolved into coordinated attacks that exploit every weak spot in the claim payment process. From account takeovers and phishing attacks to ...

As you may already know, in the digital world we increasingly live in, fraudulent activities in finance are a major problem for both companies and individuals. Simultaneously, advances have been made ...

Banks as varied in size as JPMorgan Chase and Carver Federal Savings Bank have added technology designed to vet users and flag suspicious activity in real time or near-real time, regardless of whether ...

New York, New York--(Newsfile Corp. - October 15, 2024) - Microblink, a global leader in AI-powered identity verification solutions, today announced the major innovative feature update of BlinkCard, ...

In today’s rapidly evolving digital landscape, fraud and financial crime have become increasingly complex and create pervasive issues for organizations of all sizes and specialties. As a result, ...

The Treasury Department has recovered over $375 million since it started a new AI-powered fraud detection process in late 2022. Specifically, the new tool is meant to address check fraud — which the ...

Jimmy Joseph, senior solutions engineer at a Fortune 500 healthcare company, received a 2025 Global Recognition Award for ...

Financial services organizations recognize the potential that artificial intelligence holds for revolutionizing their business. In fact, IDC predicts that worldwide spending on AI will reach $632 ...

Legal consequences can be up to 20 years in prison, plus fines of more than $250,000. This scheme often combines with other ...