Fraud in payments is growing more sophisticated, forcing payment service providers (PSPs) to rethink their defenses. Today’s fraudsters are even leveraging AI tools to scale attacks and evade ...

Transparency is another priority. Given the decentralized and trust-based nature of Web3.0, the expert emphasizes ...

One of the most difficult challenges in payment card fraud detection is extreme class imbalance. Fraudulent transactions ...

Explore how AI is transforming risk management in banking, enhancing credit assessments and compliance automation, while ...

In a market accelerating toward instant payments and open banking, a siloed approach to fraud detection is no longer viable.

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.

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 ...

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 ...

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 ...

A review by researchers at Tongji University and the University of Technology Sydney highlights the powerful role of Graph Neural Networks (GNNs) in exposing financial fraud. By revealing intricate ...

If we compare the insurance industry to the human body, sales would be the heart pumping blood, while claims management would function as the immune system. Without a proper response from the immune ...