Fraudulent activities within the financial services sector have escalated into a significant concern, with projections indicating that online payment fraud could result in losses exceeding $206 ...

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 ...

AI is a particularly powerful tool in the hands of fraudsters. Fraud powered by generative AI is only limited by the criminal's imagination. When it comes to preventing financial fraud, many experts ...

Digital financial services have now emerged as the operational backbone of small and medium-sized enterprises (SMEs). However, this has also exposed the organizations to an increasingly sophisticated ...

In an increasingly digital financial landscape, fraud is evolving in both scale and complexity. Financial institutions from global banks to nimble fin-techs face constant threats ranging from payment ...

As criminal organizations expand their use of information technology, the frequency of global financial fraud rises to historic levels each year, posing significant challenges for governments and the ...

Forensic accounting is a rapidly growing field that combines accounting, auditing and investigative skills to detect and prevent financial fraud and misconduct. Notably, forensic accounting has become ...

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 ...

Fraud in banking has been evolving fast over the past couple of years. In this article, I want to draw your attention to how fraud is no longer confined to a single channel or transaction type. Modern ...