Generative AI is now at the centre of fraud strategy in digital banking. What began as an efficiency tool has quickly become a frontline defence, as banks are forced to confront a new reality: fraud ...
The Global Online Fraud Detection Market Size is projected to grow at a CAGR of 24.2% from 2024 to 2031, according to a new report published by Verified Market Research®. The report reveals that the ...
What’s driving the rise in digital fraud? The global payments landscape appears more dynamic and complex than ever before. As e-commerce spending accelerates toward an estimated $8.1 trillion by 2028, ...
When the text message came in, Kim Dow's heart sank. "Hi," it read. "Did you just make this purchase with your REI Co-op Mastercard?" The message went on to share the last four digits of Dow's card ...
In the fast-moving digital landscape, where gig workers expect instant payouts and companies handle millions of microtransactions daily, the need for robust real-time fraud detection has never been ...
Kinil Doshi is a Senior VP at Citibank and a fintech expert in banking compliance and risk management with two decades of experience. In this article, I want to explore AI applications in fraud ...
Opinions expressed by Digital Journal contributors are their own. As financial institutions and government entities handle escalating fraud schemes, an Agentic AI solution promises to change how the ...
Imagine you’re at a coffee shop, tapping your card to grab a latte, or a small business owner in Ohio swiping to pay a supplier. These moments seem simple, but they’re powered by a vast digital ...
Across predictive autoscaling, AI-driven observability, and cloud-based fraud detection, Mahamood Hussain Mirza work ...
Payment Service Providers (PSPs) need fraud detection systems that can anticipate and adapt to emerging types of fraud whilst maintaining the delicate balance between security and customer experience.