One of the most difficult challenges in payment card fraud detection is extreme class imbalance. Fraudulent transactions ...

Fraud in payments is growing more sophisticated, forcing payment service providers (PSPs) to rethink their defenses. Today’s fraudsters are even leveraging AI tools to scale attacks and evade ...

The surge in digital payments and mobile banking has transformed financial services but it has also expanded the fraud landscape. Traditional, rule-based fraud detection methods are increasingly ...

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

Explore how AI is transforming risk management in banking, enhancing credit assessments and compliance automation, while ...

Transparency is another priority. Given the decentralized and trust-based nature of Web3.0, the expert emphasizes ...

The UK’s Payment Systems Regulator has mandated the reimbursement of victims of authorised push payment fraud. While this is ...

A review by researchers at Tongji University and the University of Technology Sydney highlights the powerful role of Graph Neural Networks (GNNs) in exposing financial fraud. By revealing intricate ...

Nacha has announced that Oscilar has joined a select group of organizations as a Nacha Preferred Partner for Account Validation, Fraud Monitoring, and Risk and Fraud Prevention. Oscilar’s AI Risk ...