Fraud detection is a high-stakes game of cat and mouse, with retail businesses continually adapting to outsmart increasingly sophisticated fraudsters. As ecommerce losses from online payment fraud ...

The Global Online Fraud Detection Market Size is projected to grow at a CAGR of 24.2% from 2024 to 2031, according to a new report published by Verified Market Research®. The report reveals that the ...

Nigerian fintech entities have cut fraud losses in half through sophisticated AI deployment. They spend more on compliance ...

How can artificial intelligence help detect fraud? Artificial Intelligence can play a crucial role in fraud management by detecting and preventing fraudulent activities. The global average rate of ...

In today’s digital world, fraud has become more complex, which means we need smarter ways to detect and prevent it. Generative AI helps with this by looking at large amounts of data in real-time, ...

Fraudulent activities within the financial services sector have escalated into a significant concern, with projections indicating that online payment fraud could result in losses exceeding $206 ...

Global banking cooperative SWIFT plans to ring in 2025 by launching AI-enhanced fraud detection capabilities. The new function will give financial institutions more accurate insight into potentially ...

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 ...

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.