Traditional rule-based systems, once sufficient for detecting simple patterns of fraud, have been overwhelmed by the scale, ...

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 ...

In the fast-moving digital landscape, where gig workers expect instant payouts and companies handle millions of microtransactions daily, the need for robust real-time fraud detection has never been ...

What’s driving the rise in digital fraud? The global payments landscape appears more dynamic and complex than ever before. As e-commerce spending accelerates toward an estimated $8.1 trillion by 2028, ...

Rodney Drake, Chief Strategy Officer at Valid Systems, advocates AI-powered risk and fraud solutions for FI's and fintechs. Fraud isn’t static. It learns, adapts and evolves just as quickly as the ...

Texting scams are exploding. In 2024 alone, U.S. consumers lost $470 million to them, according to the Federal Trade Commission, a number more than five times what it was just four years earlier. To ...