OpenAI's top executive is warning that artificial intelligence is about to supercharge bank fraud at a scale the financial ...

Explainable AI plays a central role in validating model behavior. Using established explainability techniques, the study examines which financial variables drive fraud predictions. The results show a ...

Expertise from Forbes Councils members, operated under license. Opinions expressed are those of the author. In the landscape of AI, a foundational piece of infrastructure—in addition to the GPUs that ...

SAN FRANCISCO--(BUSINESS WIRE)--SentiLink, the leading provider of innovative identity and risk solutions, today announced the launch of Facets, a new intelligent attributes solution that enables U.S.

Explore how AI is transforming risk management in banking, enhancing credit assessments and compliance automation, while ...

Financial institutions can stay ahead of deepfake fraud by treating onboarding and authentication as a single attack surface.

Traditional rule-based systems, once sufficient for detecting simple patterns of fraud, have been overwhelmed by the scale, ...

Gov. Greg Abbott is ordering the Texas Workforce Commission to take a closer look at potential financial fraud at child care ...

Financial scams are rising, with losses amounting to $8.8 billion in 2022 alone. According to the United States Federal Trade Commission, losses from financial fraud have increased by 30% from 2021 to ...

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 ...

What is the role of artificial intelligence in the financial services industry? AI is proving to be a powerful tool for financial institutions looking to improve their operations, manage risks, and ...

PULSE, a Discover Financial Services (NYSE: DFS) company and operator of the PULSE debit network, has agreed to an extension of its partnership with global analytics software provider FICO (NYSE: FICO ...