With scammers becoming more and more sophisticated, Swift is bolstering its AI-enhanced fraud detection capabilities. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today....
Mastercard has introduced what it says are new protections against real-time payment scams. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By...
FICO is working with Jersey Telecom (JT) to push back against authorized push payment fraud. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By...
Galileo has introduced a pair of anti-fraud tools for banks, FinTechs and businesses. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By...
2024 was the year cybersecurity evolved from an IT function to an organization-wide risk issue. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter,...
Researchers have developed a new artificial intelligence (AI) system to detect accounting fraud within individual companies and across supply chains and industries. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
The Centre for Finance, Innovation and Technology (CFIT) has formed an anti-financial crime group. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS...
Here’s the thing about fraud: You don’t want to have to calculate the ROI of fraud when it’s too late. Because the flip side can be treacherous. Unfortunately, the prevailing mindset of banks and other companies may be that they don’t have the resources to...
Real-time payments, known for their speed and immediacy, have faced adoption hurdles primarily due to perceptions about security. As financial institutions (FIs) and payments providers grapple with balancing rapid transaction processing with stringent security measures, artificial intelligence (AI) emerges as a crucial tool in overcoming...