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 ...

Kinil Doshi is a Senior VP at Citibank and a fintech expert in banking compliance and risk management with two decades of experience. In this article, I want to explore AI applications in fraud ...

“Our ability to manufacture fraud now exceeds our abilities to detect it.” This observation was not made by a banker, but the actor Al Pacino. And it leads one to wonder, how pervasive is fraud and ...

Indra Reddy Mallela has been at the forefront of financial risk model validation, continuously pushing the boundaries of compliance and fraud detection. With a background spanning roles at leading ...

Texas National Bank learned from experience that 2022 was a big year for check fraud. The Financial Crimes Enforcement Network (FinCEN) reported that cases actually doubled from 2021 to 2022, and the ...