He explained that advanced Artificial Intelligence (AI) systems can analyse historical data, detect unusual patterns and flag suspicious filings—such as companies consistently keeping revenue just ...

A new machine learning breakthrough outperforms traditional methods by reducing false positives and minimizing cases needing further inspection, crucial for sectors like Medicare and credit card fraud ...

DataVisor Inc., a fraud- and risk-management solutions provider, early Monday announced the launch of an artificial intelligence-based platform that measures hot spot, distinct count, and ...

In today's digital landscape, where transactions occur instantaneously, ensuring security has become a top priority for businesses. One innovative method gaining momentum in fraud detection is the use ...

Scientific progress is built on experiments, data, research, and constant questioning. While fraud is not a new issue, big data and Artificial Intelligence present challenges that dramatically ...

Fraudulent activities within the financial services sector have escalated into a significant concern, with projections indicating that online payment fraud could result in losses exceeding $206 ...

Fannie Mae announced a big step in bolstering its mortgage antifraud efforts: the GSE has launched a new Crime Detection Unit that'll be powered by software from government AI technology firm Palantir ...

CINCINNATI--(BUSINESS WIRE)--Worldpay ® and Capital One have joined forces in a new collaboration to optimize payment fraud decisioning and enhance payment security and efficiency with a data sharing ...

Discover what data science is, its benefits, techniques, and real-world use cases in this comprehensive guide. Data science merges statistics, science, computing, machine learning, and other domain ...