For years, fraud prevention has followed a familiar script. A transaction is initiated. A model evaluates it. Fraud still gets detected as it happens or after it occurs. But this model is breaking ...

The global cost of fraud is now estimated at over $5 trillion. In the APAC region, attack rates are around 15% higher than ...

NICE Actimize, a NICE (NASDAQ: NICE) business, has released the "2026 NICE Actimize Fraud Insights Report, U.S. Payment Fraud ...

Payments giant Mastercard says it has built its own proprietary generative artificial intelligence model to help thousands of banks in its network detect and root out fraudulent transactions. The ...

Jul. 28, 2025 / PRZen / SAN FRANCISCO — Bynn Intelligence, the undisputed leader in identity verification and document fraud detection, today announced the strategic acquisition of the Swedish pioneer ...

Finance teams are experimenting with AI to generate insights, but fewer are applying it to monitor anomalies or detect ...

Fraud detection requires leveraging new tools and models to keep ahead of increasingly sophisticated fraud. Financial institutions use AI to detect and prevent billions of dollars of fraud each year ...

In Taiwan, scams have evolved from isolated tactics into cross-channel, multi-step attack schemes. Most victims are aware of ...

FIS is using AI and machine learning in new ways to speed up detection of emerging types of payment card fraud while reducing false positives. Banks rely on highly responsive fraud filters to alert ...

Key opportunities include the adoption of anti-skimming technologies, AI-based fraud detection, and cloud-based tools, with ...

Mastercard told CNBC it's launching a new generative artificial intelligence model to allow banks to better assess suspicious transactions on its network. The new Decision Intelligence Pro feature is ...