Learn how card-present fraud occurs when thieves use counterfeit cards in physical stores. Discover detection strategies and the impact on U.S. transactions.

Perhaps as frustrating to auto finance companies as fraud infiltrating its portfolio is an applicant that might be OK, but somehow tripped a trigger inadvertently, and the potential paper went into ...

Sai Vamsi Gummadi's AI fraud detection platform processes millions of transactions with Spark/Kafka/XGBoost—75% fewer false ...

The Treasury Department has recovered over $375 million since it started a new AI-powered fraud detection process in late 2022. Specifically, the new tool is meant to address check fraud — which the ...

In a market accelerating toward instant payments and open banking, a siloed approach to fraud detection is no longer viable.

Chances are you’ve spotted odd-looking charges on your credit card statement, which prompted you to seek a refund from your issuer. Around 50% of consumers investigated a transaction they made in the ...

JERSEY CITY, N.J., March 04, 2024 (GLOBE NEWSWIRE) -- Verisk (Nasdaq:VRSK), a leading global data analytics and technology provider, today announced two new collaborations with insurance technology ...

Chicago, Sept. 27, 2022 – To help limit the more than $100 billion [1] of global sales lost to false positives during the fraud detection process, TransUnion (NYSE: TRU) announced today the launch of ...

What used to be simple forgery or stolen checks has evolved into coordinated attacks that exploit every weak spot in the claim payment process. From account takeovers and phishing attacks to ...

Legal consequences can be up to 20 years in prison, plus fines of more than $250,000. This scheme often combines with other ...

Get the latest federal technology news delivered to your inbox. The Treasury Department has recovered over $375 million since it started a new AI-powered fraud detection process in late 2022.