The key challenge in credit card fraud detection lies in the imbalance between legitimate and fraudulent transactions. Fraud cases typically represent less than 1 percent of total transactions, ...

Socure, an AI platform for digital identity verification and fraud prevention, announced early Wednesday the launch of Hosted ...

“We’re not just verifying documents anymore — we’re verifying reality itself,” says Ilya Brovin, Chief Growth Officer at ...

One View was developed to bring together card and non-card payment data, like account-to-account (A2A) payments and person-to-person (P2P) payments, into a single interface, providing a 360° view of ...

Leading digital payment platforms PhonePe and Paytm, in collaboration with India’s Department of Telecom (DoT), have successfully prevented potential financial fraud losses of approximately Rs 200 ...

The ECB stated that the awarding of tenders marks the launch of the digital euro’s second phase of preparation.

The finance ministry has raised concerns with the Reserve Bank of India over delays in rolling out the Digital Payments ...

Through the new partnership, OneSpan will integrate ThreatFabric’s advanced mobile fraud detection technologies to enhance its existing security offerings, building upon the company’s recent ...

Once operational, DPIP will collect and analyse data from various sources to identify potential threats and prevent ...

Fraud detection is a high-stakes game of cat and mouse, with retail businesses continually adapting to outsmart increasingly sophisticated fraudsters. As ecommerce losses from online payment fraud ...

How can artificial intelligence help detect fraud? Artificial Intelligence can play a crucial role in fraud management by detecting and preventing fraudulent activities. The global average rate of ...