As the executive director of a payment service provider, I've seen payment processing come a long way—but significant pain points remain. Traditional systems often struggle with slow transaction ...

Explainable AI plays a central role in validating model behavior. Using established explainability techniques, the study examines which financial variables drive fraud predictions. The results show a ...

For businesses of all sizes, fraud is a significant threat, with the potential to undermine trust, financial stability and reputation. The risk of fraud is ever-present, making it imperative for ...

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 ...

Reviewing the accountant’s responsibilities for fraud when performing an assurance engagement. Fraud is a serious concern that can have devastating consequences. With that in mind, there may be no ...

Research predicted that hacks and data breaches will cost the global economy over $9.5 trillion by the end of 2024. This comes as fraud attempts and phishing attacks are increasing and getting more ...

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 ...