Forty-two percent of corporate finance departments deploy a stack of three or more artificial intelligence (AI) tools to secure their outgoing payments, according to the...
A failed payment can look small on a transaction screen. For the business waiting on the money, the effects can spread fast. Revenue gets delayed,...
Like many industries, scamming is getting an artificial intelligence-powered upgrade. That’s according to a report Saturday (Oct. 10) by Bloomberg News, citing data from the...
Enterprise fraud and white-collar crime’s biggest shift over the past two years is less about the technology criminals use than the number of systems they...
Much of payment processing already happens without an employee touching the transaction. The “hands-on” interactions come when payments fail to clear, or transactions trigger fraud...
Businesses that combine several artificial intelligence tools to fight payments fraud are nearly twice as likely to stop at least 90% of attempted attacks before...
The most expensive fraud control is becoming the one that works perfectly, just a few seconds too late. Two developments from Washington this week, one...
A bank can monitor a login, score a transaction and flag unusual account activity. It can’t see the text message that convinced its customer to...
U.S. Bank introduced a service called Project 360, designed to help customers protect their privacy, according to a Wednesday (Oct. 7) press release. Project 360...