One of the most difficult challenges in payment card fraud detection is extreme class imbalance. Fraudulent transactions ...

The ability of computers to learn on their own by using data is known as machine learning. It is closely related to ...

Kinil Doshi is a Senior VP at Citibank and a fintech expert in banking compliance and risk management with two decades of experience. In this article, I want to explore AI applications in fraud ...

In an increasingly digital financial landscape, fraud is evolving in both scale and complexity. Financial institutions from global banks to nimble fin-techs face constant threats ranging from payment ...

Betting companies train machine learning programs to monitor players’ behaviour. AI technologies seem to have been integrated into every corner of our lives. Most businesses have jumped on the ...

AI has been used to defraud people through everything from calling voters to faking celebrity giveaways. Now, the US Treasury Department claims machine learning AI has played a critical part in its ...

Yapı Kredi reduced fraud losses by 98.7% over seven years, using FICO® Falcon® Fraud Manager. The bank maintains Turkiye’s lowest card fraud basis point ratio—50% lower than peers. Yapı Kredi analyzes ...