The key challenge in credit card fraud detection lies in the imbalance between legitimate and fraudulent transactions. Fraud cases typically represent less than 1 percent of total transactions, ...

Amidst the ever-evolving landscape of data-driven industries, the battleground against fraud and money laundering remains relentless. However, a ray of hope emerges from the pioneering research of ...

Scientific progress is built on experiments, data, research, and constant questioning. While fraud is not a new issue, big data and Artificial Intelligence present challenges that dramatically ...

SANTA BARBARA, Calif.--(BUSINESS WIRE)--Carpe Data, the next-generation online data provider for insurers, today announced ClaimsX Ultra, a new AI-assisted fraud detection system that builds on ...

Opinions expressed by Entrepreneur contributors are their own. Internet fraud is a menace in our various financial institutes, and many fintech companies have been victims of this fraud game.

The ECB stated that the awarding of tenders marks the launch of the digital euro’s second phase of preparation.

ECB moves forward with the digital euro, choosing firms for fraud detection, app development, and secure data exchange ...

Medicare is sporadically compromised by fraudulent insurance claims. These illicit activities often go undetected, allowing full-time criminals and unscrupulous health providers to exploit weaknesses ...

The European Central Bank (ECB) has concluded a framework agreement in ranking with Feedzai, the world's leading RiskOps platform for financial crime prevention, as the first-ranked tenderer, to ...