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

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

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

Financial institutions are quickly catching on, with “nine in ten banks already using AI to detect fraud, and two-thirds have integrated AI within the past two years. ...

Today’s article explores how leading banks leverage AI-powered fraud detection tools, with machine learning models playing a critical role in anti-money laundering (AML), and how these ...

In order to strengthen anti-fraud guidelines within banking institutions, the National Banking and Securities Commission (CNBV) is implementing one of its most ambitious provisions in recent years ...

Real-Time Fraud Detection — How AI Keeps Watch. Banks process millions of transactions per day. For instance, the Bank of America app alone had almost 1 billion digital client logins in July 2022.

Bank customers and credit union members navigate an increasingly complex digital landscape. We can no longer rely solely on financial institutions to detect and prevent fraud. The Business Journals.

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 ...