TruthScan's new software combats rising deepfake fraud and AI-generated scams by using proprietary algorithms to detect fake ...

Bank fraud has risen 70% in a year, costing $5.8 billion, prompting banks to adopt AI for enhanced fraud detection.

Tax fraud is a persistent global challenge, with annual losses surpassing USD 1 trillion in corporate tax revenue alone. The ...

A new study conducted by MoneyThumb, a provider of automated document evaluation and fraud detection solutions, in ...

Introduction Generative AI (GenAI) has rapidly shifted from a futuristic concept to a core driver of transformation in ...

This method of streamlining the digital identity verification process for merchants and end users not only prevents fraud but also ensures regulatory compliance.

These risks are heightened by the industry’s data-heavy, language-focused operations. The very features that make AI so effective also make financial services ...

AI and ML algorithms rely heavily on vast data for training and development. However, the availability of high-quality, diverse, and secure data can be a significant challenge. In fact, upon not being ...

Phase 4 extension of SimoN platform will enhance tax compliance capabilities and provide critical support for the agency’s modernization and predictive analytics goals. The SimoN platform provides a ...

Expertise from Forbes Councils members, operated under license. Opinions expressed are those of the author. Artificial intelligence (AI) is transforming fraud prevention, but only when it moves beyond ...

Phase 4 extension of SimoN platform will enhance tax compliance capabilities and provide critical support for the agency’s modernization and predictive analytics goals. MELBOURNE, FL / ACCESS Newswire ...