fraud detection

Reusable IDs and AI Help Merchants Beat Back the Fraudsters

Reusable IDs and AI Help Merchants Beat Back the Fraudsters
Reusable IDs and AI Help Merchants Beat Back the Fraudsters
June 21, 2023  |  Cybersecurity

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)...

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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  |  Cybersecurity

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,...

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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...

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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...

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UK Finance: How Far Can AI Go in Fighting Fraud?
UK Finance: How Far Can AI Go in Fighting Fraud?
March 16, 2023  |  Cybersecurity

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...

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Inscribe Raises $25M to Expand Fraud Detection Capabilities
Inscribe Raises $25M to Expand Fraud Detection Capabilities
January 25, 2023  |  Cybersecurity

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...

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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...

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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,...

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