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

ML tailors banking solutions by analyzing transactions, spending habits, and financial goals. It detects fraud in real time, adapts to threats, and verifies customer identity behaviorally. AI chatbots ...

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 ...

The Fast Company Executive Board is a private, fee-based network of influential leaders, experts, executives, and entrepreneurs who share their insights with our audience. BY Matt Swann The rise of ...

As financial institutions adapt to increasingly complex compliance landscapes, the intersection of artificial intelligence (AI), machine learning (ML), and data privacy has emerged as a critical ...

Mastercard is using AI to help detect and prevent credit card fraud. The company says the tech can flag unusual patterns and block fraudulent transactions. This article is part of "AI in Action," a ...

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 ...

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