A new smart software to spot more fraud and cut false alerts, helping banks improve customer service and keep a lid on costs. Writes Joël Winteregg. Whether you’re a venture capital-backed neo bank ...

Banks running fraud-prevention software that incorporates collective artificial intelligence can cut fraud monitoring costs by 77 percent, helping them meet new regulations efficiently and ...

By analyzing the behavior of staff, customer and the transaction itself, banks can spot and stop not only known fraud types but also new frauds, writes Joël Winteregg It takes on average 16 months to ...

As fraudsters increasingly use fake websites, emails, invoices and companies to defraud the public, banks should look at the record of AI to help them protect themselves and their customers, writes ...

In our new white paper on payment fraud, we explore the fastest-growing area of banking fraud today and explain NetGuardians’ technology-led approach to combating this widespread threat. payment ...

AI fraud-mitigation solutions often focus on a few types of fraud and become incapable of spotting new ones – known as ‘overfitting’. Banks need far more instances of fraud than a single bank can ...

The right anti-fraud solution not only cuts fraud, but lowers costs, builds and maintains trust, and protects the customer experience, writes Joël Winteregg. When it comes to fraud, prevention is ...

Artificial intelligence and machine learning will change the face and shape of compliance and risk management departments within a decade, slashing their costs and massively boosting their detection ...

An estimated $67 billion was lost to banking fraud in 2014, with nearly 75 % of it being internal. Most alarming, the majority of this fraud remains undetected.