When the text message came in, Kim Dow's heart sank. "Hi," it read. "Did you just make this purchase with your REI Co-op Mastercard?" The message went on to share the last four digits of Dow's card ...

Payment disbursements are a critical component of modern commerce, but they also present a significant challenge: how to prevent fraud. Prateek Mehta, a payments expert and product manager at ...

“Fraud detection today is about precision, not just protection. The ability to differentiate legitimate customers from ...

As criminal organizations expand their use of information technology, the frequency of global financial fraud rises to historic levels each year, posing significant challenges for governments and the ...

Socure, an AI platform for digital identity verification and fraud prevention, announced early Wednesday the launch of Hosted Flows, fraud-detection technology that enables users to build, customize, ...

Opinions expressed by Digital Journal contributors are their own. As financial institutions and government entities handle escalating fraud schemes, an Agentic AI solution promises to change how the ...

TEL AVIV, Israel & BOSTON--(BUSINESS WIRE)--Transmit Security's Blinded by the Agent research reveals a coming crisis: consumer AI agents are defeating traditional fraud detection. Enterprises are ...

In the fast-moving digital landscape, where gig workers expect instant payouts and companies handle millions of microtransactions daily, the need for robust real-time fraud detection has never been ...

If we compare the insurance industry to the human body, sales would be the heart pumping blood, while claims management would function as the immune system. Without a proper response from the immune ...

An artificial intelligence (AI) system used by the Department for Work and Pensions (DWP) to detect welfare fraud is showing “statistically significant” disparities related to people’s age, disability ...

With the rise of digital banking, account security is more important than ever. Cybercriminals are constantly developing new ways to commit fraud, making it essential for banks to implement robust ...