The Register on MSN

There was so much fraud on COVID loans, the feds trained an anti-fraud AI on the applications

Had it been around in 2020, it could have flagged tens of billions before payouts, PRAC tells Congress A fraud-detection AI ...
Finextra

Atos leads project to determine federated approach for detection of fraud and financial crime

Atos leads project to determine federated approach for detection of fraud and financial crime Driving efficiency improvements in the collaborative detection of fraud and financial crime is a central ...
InfoQ

Netflix's Fraud Detection Framework for Streaming Services

Unlock the full InfoQ experience by logging in! Stay updated with your favorite authors and topics, engage with content, and download exclusive resources. Vivek Yadav, an engineering manager from ...

Rapid on-site detection of food fraud

Counterfeit or low-quality products—such as olive oil made from dyed rapeseed oil—are often difficult or impossible to ...
InfoQ

Monzo’s Real-Time Fraud Detection Architecture with BigQuery and Microservices

A monthly overview of things you need to know as an architect or aspiring architect. Unlock the full InfoQ experience by logging in! Stay updated with your favorite authors and topics, engage with ...
Crowdfund Insider

Regtech NICE Actimize Introduces Integrated Fraud Management and Detection Solution

NICE Actimize, a NICE business (Nasdaq: NICE), announced the availability of IFM 11 (Integrated Fraud Management), a new release of its AI-driven fraud management and detection platform. The new ...
Medicine Buffalo

Detecting Fraud from Accounting Restatements and Company Filings

A team of researchers in the MSS Department is researching the use of text mining to detect fraud from the EDGAR database. EDGAR -- the Electronic Data Gathering, Analysis, and Retrieval system — ...
Forbes

Fraud Detection That Doesn’t Detect Fraud And BYOFD

Would you buy a vacuum that doesn’t suck? Would you buy a fan that doesn’t blow? Then why are you paying millions of dollars for fraud detection that doesn’t detect fraud? What? They told you they ...
Finextra

Why AI-driven fraud detection is crucial for Payment Service Provider growth

Payment Service Providers (PSPs) need fraud detection systems that can anticipate and adapt to emerging types of fraud whilst maintaining the delicate balance between security and customer experience.
Infosecurity-magazine.com

Outlier Detection Techniques for Fraud

Based on an August 2020 report by Interpol, more people have been spending time online since the start of the coronavirus pandemic, which has resulted in increased cybercrime. UK Finance also claimed ...
Observer

Fraud Detection Fails: How Banks Break Trust—and How to Fix It

In August, German banks froze over €10 billion in PayPal payments due to suspected fraud, a disruption that underscored the scale of growing financial security concerns. If even long-standing, trusted ...