RBC Insurance says its AI underwriting and fraud detection technology saved it $2.4 million in fraudulent claims during ...

A new academic study argues that fraud detection systems must evolve beyond accuracy-focused prediction tools into ...

Two-year-old Tofu is using AI to cross-reference social media profiles and verify applicant’s identity. A new partnership ...

“Fraud detection today is about precision, not just protection. The ability to differentiate legitimate customers from suspicious activity in milliseconds is what separates high-performing businesses ...

Others leverage AI to monitor customer journeys, identify pain points, and provide seamless virtual assistance. These ...

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 ...

The most convincing media you see online could be an AI-generated fake. Last May, nefarious marketers used deepfake tech to steal the likenesses of famous people, running ads online and making it ...

One government agency improved its detection of identity fraud using AI-driven alerts and a smart triage system. Within a few ...

A bipartisan bill introduced this week aims to establish an interagency advisory committee to ensure cooperation in fighting ...

BECKLEY, WV (WVNS) – Many people today are using AI to help them write, create content, and organize information. Did you know the tech could also be helping to protect your wallet? AI is being ...

The Federal Reserve is racing to keep pace with a new kind of systemic risk, as OpenAI’s leadership warns that generative ...

Artificial intelligence (AI) is changing how digital gaming platforms operate, enhancing user experiences and improving ...