As the executive director of a payment service provider, I've seen payment processing come a long way—but significant pain points remain. Traditional systems often struggle with slow transaction ...
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 ...
Last month, a major regional bank filed suit against a New York entrepreneur, alleging a check-kiting scheme that processed more than $72 million in fraudulent checks, resulting in $27 million in ...
Now more than ever, businesses globally have become increasingly susceptible to financial fraud. From the growing threat of AI-enabled fraud, such as deepfake scams, these attempts threaten the ...
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 ...
In August, German banks froze over €10 billion in PayPal payments due to suspected fraud, a disruption that underscored the scale of growing financial security concerns. If even long-standing, trusted ...