OpenAI CEO Sam Altman said at a Federal Reserve conference that AI-powered voice and facial impersonation tools are ...

Abrigo announced a real-time wire fraud detection solution to protect financial institutions and their customers.

New research from American Banker finds that card and check fraud has gotten more problematic for bankers over time.

Although banks have broadly implemented fraud prevention tools such as device authentication and challenge questions, only 6% are confident that their fraud prevention and detection tools can detect ...

A Layered Approach to Fraud Detection. Banks employ multiple layers of security to protect customer accounts from fraud, combining technology, encryption, and real-time monitoring to prevent ...

As the global financial services industry is accelerating the adoption of AI (artificial intelligence) technology, Abdullah ...

RBI is in discussions with 10 banks to accelerate the adoption of AI-powered tool to detect cases of financial fraud via "mule accounts".

The technology will be able to solve problems considered impossible with traditional classical computing systems. Read more ...