Fraud is rising with the increased reliance on alternative payment methods, and AI could stop it. FIs have difficulties in adopting the tech.
According to a 2019 study by Forrester about half of financial services and insurance firms around the world are already...
Sardine, a leader in the fraud prevention and compliance space has upped its game against widespread fraud.
One of the most dynamic spaces in fintech today is identity verification. The way we verify ourselves online keeps changing...
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Serial fraud is becoming a major problem for financial institutions today as criminals use automation and scale like never before. This white paper provides actionable steps to combat serial fraud.
Experian's fraud prevention data network, in existence since 1991, will be available for use in North America later this year.
While statistics vary year by year, there was a 79 percent increase in document fraud in 2022. Such a number doesn't come as a surprise to Inscribe fraud analyst Daragh McMeel. A rise in fraud rates often occurs when the economy travels an uncertain and difficult path.
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Insights have found the switch to more digital transaction since the start of the COVID-19 pandemic show that individual and organizational risk is even greater now.
Fraud is a significant challenge for lenders, impacting both operational efficiency and financial stability. Legacy methods for detecting fraud are proving to be inadequate in the face of new techniques, so AI-powered detection is needed.
Real-time payments systems have globally increased the threat of related fraud. Will FedNow follow the trend?