Sam Altman, the founder and CEO of OpenAI, said the rapidly growing capabilities of AI are rendering many of banks' fraud ...

Open AI’s Sam Altman warns AI voice clones may trigger banking fraud crisis, urges banks to ditch voice authentication for ...

Embedding AI Into Processes. Geopolitical instability and economic downturns can create opportunities for fraud and financial exploitation. To combat risk, banks use AI-powered fraud detection to ...

It’s getting scarily easy to create an AI soundalike to fool your banks or loved ones. We need industry and government to fix ...

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.

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

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 ...

AI has made scam artists much more powerful - but the technology also offers solutions to the very problems it's exacerbating ...

AI is reshaping personal finance, offering smart tools for budgeting and investing — but raises concerns around privacy, over-reliance and loss of human insight.

Experian today announced a strategic investment in Resistant AI, a leading provider of AI-powered financial crime prevention ...

Just as cloud computing is now a part of modern IT architecture, the same will soon be true for generative AI. Generative AI ...

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.