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 ...
In an increasingly digital economy, understanding how to prevent payment fraud is paramount. Fraudulent transactions cause financial losses and damage customer trust and business reputation. By ...
Today’s fast-paced online world is underlined by systems that allow it to move that fast. Whether it’s the latest advancements to transport systems, faster internet connections, or more real-time ...
In an era of increasing digital fraud, federal and state government agencies are ramping up efforts to strengthen identity verification and fraud prevention systems. Modern solutions integrating third ...
Progress against fraud depends on shared accountability, a common language for risk tolerance and ongoing feedback loops.
Business is difficult enough with managing your staff, competing for customers, and controlling costs. Now business owners need to worry about sophisticated fraud attempts hitting at alarming rates.
Global business intelligence and risk prevention provider, ClearSale has announced a new portfolio of fraud prevention tools designed to meet the evolving needs of today's digital retail landscape.
Lisa joined CNET after more than 20 years as a reporter and editor. Her coverage of AI ranged from a hands-on with OpenAI's empathetic Advanced Voice Mode to in-depth explainers on LLMs, ...
Remote online notarization (RON) firm Proof has launched an artificial intelligence (AI)-powered fraud detection tool called Defend. According to the company’s announcement on Tuesday, the tool is ...
Fraud-as-a-service (FaaS) is a cybercrime business model in which bad actors sell tools, infrastructure and expertise that enable others to commit fraud more easily and efficiently. FaaS offerings, ...
Online fraud has evolved from simple scams to a pervasive threat that can significantly impact businesses and entire industries. As tactics advance, the line between human-led and automated attacks ...