PADUCAH, Ky.--(BUSINESS WIRE)-- In response to the rise in check fraud incidents across the country, CSI, a leading provider of end-to-end financial software and technology, today announced the launch ...

Overview: AI-powered fraud detection tools are rapidly being adopted by banks and fintechs to block scams and reduce losses.New platforms combine machine learni ...

• Young Accounts (2 To 6 Months): The danger escalates. Fraudsters demonstrate patience, slowly establishing consistent, ...

“Fraud detection today is about precision, not just protection. The ability to differentiate legitimate customers from ...

ParaScript, a leader in AI-powered document processing company, today announced significant enhancements to its flagship check recognition solution, CheckXpert.AI(R). The most notable addition is the ...

Michigan State University Federal Credit Union avoided $2.57 million in fraud exposure through blocking AI deepfake fraud calls with Pinpoint products.

AI has been used to defraud people through everything from calling voters to faking celebrity giveaways. Now, the US Treasury Department claims machine learning AI has played a critical part in its ...

With rising cheque fraud cases, banks are stepping up security. The Positive Pay System (PPS), introduced by the Reserve Bank of India in 2021, offers a robust mechanism to safeguard high-value ...

With AI technology, payment fraud and fraud prevention have become more complex and sophisticated. Both financial data owners and businesses that accept illegal payments are directly affected by ...