fraud detection

Reusable IDs and AI Help Merchants Beat Back the Fraudsters
Reusable IDs and AI Help Merchants Beat Back the Fraudsters
June 21, 2023  |  Security & Fraud

The fraudsters are racking up the gains, seeking, as they always do, to exploit vulnerabilities in card-not-present transactions. And now, they’re harnessing artificial intelligence (AI)...

READ MORE >
Jack Henry Adds AI-Based Fraud Detection to Digital Payments Platform
Jack Henry Adds AI-Based Fraud Detection to Digital Payments Platform
June 20, 2023  |  Security & Fraud

Jack Henry has launched a real-time, artificial intelligence (AI)-based fraud mitigation feature. The new Payrailz Fraud Monitor, which joins the FinTech company’s Payrailz Digital Payments Platform,...

READ MORE >
Generative AI Reshaping Countless Everyday Consumer Touchpoints
Generative AI Reshaping Countless Everyday Consumer Touchpoints
May 21, 2023  |  artificial intelligence

Generative artificial intelligence (AI) isn’t coming. It’s already here. At this very moment, the technology’s capabilities are already enacting sweeping changes across the ways in...

READ MORE >
ThreatFabric Raises $12.5 Million to Grow Fraud Detection Solution
ThreatFabric Raises $12.5 Million to Grow Fraud Detection Solution
May 11, 2023  |  Investments

ThreatFabric has raised 11.5 million euros (about $12.5 million) to grow its fraud detection solution. The Amsterdam-based startup aims to expand internationally and add artificial...

READ MORE >
UK Finance: How Far Can AI Go in Fighting Fraud?
UK Finance: How Far Can AI Go in Fighting Fraud?
March 16, 2023  |  Security & Fraud

Much has been said about the potential new technologies like artificial intelligence (AI) and machine learning have in transforming fraud detection and fraud prevention across...

READ MORE >
Inscribe Raises $25M to Expand Fraud Detection Capabilities
Inscribe Raises $25M to Expand Fraud Detection Capabilities
January 25, 2023  |  Security & Fraud

Inscribe has raised $25 million to expand its fraud detection capabilities and introduce risk intelligence tools. The new Series B capital brings the firm’s total...

READ MORE >
Report: 100 Healthcare Execs Speak Out On Using AI To Curb Fraud, Waste And Abuse
Report: 100 Healthcare Execs Speak Out On Using AI To Curb Fraud, Waste And Abuse
July 20, 2021  |  Artificial Intelligence

In June of this year, a jury found a chiropractor guilty of defrauding health insurers out of $2.2 million by fraudulently billing for services that...

READ MORE >
AI And Tossing Out The Manual Fraud Review Manual
AI And Tossing Out The Manual Fraud Review Manual
March 04, 2020  |  Fraud Prevention

Time is money, as the old saying goes, and that idea applies to few places more keenly than commerce. The presence or absence of speed,...

READ MORE >
Mastercard: Using AI To Cure Healthcare’s $240B Fraud, Waste And Abuse Problem
Mastercard: Using AI To Cure Healthcare’s $240B Fraud, Waste And Abuse Problem
March 02, 2020  |  Fraud Prevention

Healthcare in the U.S. is a massive industry. According to the Centers for Medicare and Medicaid, $3.5 trillion — or roughly $11,000 per person —...

READ MORE >