In a market accelerating toward instant payments and open banking, a siloed approach to fraud detection is no longer viable.

Forensic analysis has become a cornerstone in the fight against financial fraud, combining accounting, auditing, and investigative skills to uncover and prevent fraudulent activities. As financial ...

A new machine learning breakthrough outperforms traditional methods by reducing false positives and minimizing cases needing further inspection, crucial for sectors like Medicare and credit card fraud ...

Abstract: Fraud in supply chain operations poses significant risks to businesses, including financial losses, operational inefficiencies, and erosion of stakeholder trust. With the increasing ...

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

In today’s rapidly evolving digital landscape, fraud and financial crime have become increasingly complex and create pervasive issues for organizations of all sizes and specialties. As a result, ...

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 ...

Database design and management are essential pillars of success in the financial sector, where efficient data handling and adherence to regulatory standards are critical. The global market for ...

Traditional techniques for identifying and countering GenAI-enabled vehicle insurance fraud are notably limited, especially ...

2024 MAY 30 (NewsRx) -- By a News Reporter-Staff News Editor at Health Policy and Law Daily-- Research findings on science and technology are discussed in a new report. According to news originating ...

Legal consequences can be up to 20 years in prison, plus fines of more than $250,000. This scheme often combines with other ...