Ever find your palms sweating as you enter your payment info into a merchant site you’ve never used before? It’s a natural response; few financial details are more important than your payment methods ...

In his recent research, technology thought leader Lakshminarayana Reddy has introduced a state-of-the-art blueprint for addressing the ever-increasing risk of credit card fraud. The objective of his ...

Payment card fraud losses worldwide reached $33.83 billion in 2023, according to The Nilson Report’s Annual Fraud Statistics issue — up 1.1 percent from 2022. In the next 10 years, card fraud will ...

Artificial intelligence agents that locate products and purchase them on behalf of consumers stand to bring a great deal of convenience to shoppers who are short on time. But AI agents in the ...

Equifax Inc. early Friday launched an application to identify synthetic identity fraud. The app, known as Synthetic Identity Risk, uses artificial intelligence to analyze identity data, credit ...

It's a scenario most people have encountered: you try to make a big or unexpected purchase on your credit card, and, at the moment you need it the most, the card gets declined. Sometimes, it's as ...

Although AI has introduced a new threat in the world of payments fraud, it has also emerged as the analytical backbone of next-generation fraud mitigation systems.

Artificial intelligence has been a crucial part of the industry for decades, and more uses of the technology are coming — including, maybe, AI agents that make purchasing decisions for you. Many or ...

Financial institutions seem to be keeping pace with AI adoption. Studies say 72% of financial institutions are increasing their expenditure on AI. With this, the AI market in banking is speculated to ...