fraud detection

Experian Expands Fraud Detection Capabilities With NeuroID Acquisition
Experian Expands Fraud Detection Capabilities With NeuroID Acquisition
August 13, 2024  |  Acquisitions

Experian has added behavioral analytics to its fraud detection capabilities by acquiring NeuroID. Adding this new layer of insight into digital behavioral signals for both new and...

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77% of Consumers Expect Banks to Use AI to Fight Fraud
77% of Consumers Expect Banks to Use AI to Fight Fraud
August 12, 2024  |  Fraud Prevention

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...

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Exclusive: Banks Explore Shared Data to Enhance Scam Detection Capabilities
Exclusive: Banks Explore Shared Data to Enhance Scam Detection Capabilities
July 17, 2024  |  Security & Fraud

As online scams and financial crimes continue to surge at the halfway point of 2024, banks and payment companies are ramping up efforts to protect...

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New Data: GenAI Emerges as Effective Weapon in Banks’ War to Reduce False Positives
New Data: GenAI Emerges as Effective Weapon in Banks’ War to Reduce False Positives
June 28, 2024  |  Artificial Intelligence

Traditional rules-based systems for detecting payments fraud are increasingly inadequate due to the complex schemes devised by fraudsters. This leads to high false positives and...

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How AI Helps the Enterprise Collaborate on Sensitive Data
How AI Helps the Enterprise Collaborate on Sensitive Data
June 20, 2024  |  artificial intelligence

More high-quality data is being produced today than at any other period in history. This data, in vast and incomprehensible amounts, is being produced by...

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Oscilar Launches AI-Powered ACH Fraud Detection for FinTechs, Financial Institutions
Oscilar Launches AI-Powered ACH Fraud Detection for FinTechs, Financial Institutions
June 13, 2024  |  Fraud Prevention

Oscilar has added an artificial intelligence (AI)-powered ACH Fraud Detection product to its lineup of risk technology solutions for FinTechs and financial institutions. The new...

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Rapid Finance Debuts Updates to Fraud Detection Platform for SMB Loans
Rapid Finance Debuts Updates to Fraud Detection Platform for SMB Loans
June 04, 2024  |  SMBs

Small business banking platform Rapid Finance has introduced updates to its fraud detection platform Lynx. The platform now has a cloud-based rules engine that lets...

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Visa Launches AI-Powered Real-Time Fraud Detection Service in UK
Visa Launches AI-Powered Real-Time Fraud Detection Service in UK
May 30, 2024  |  VISA

Visa has launched an artificial intelligence (AI)-powered real-time fraud detection service in the United Kingdom, aiming to prevent account-to-account (A2A) fraud. The company is making...

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Mastercard Uses AI to Solve ‘Jigsaw’ of Credit Card Fraud
Mastercard Uses AI to Solve ‘Jigsaw’ of Credit Card Fraud
May 22, 2024  |  Fraud Prevention

Mastercard says it is using generative AI to more quickly detect compromised credit cards. “Until now fraudsters may have thought they were operating in obscurity, seeking to...

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