Roy Belchamber was one of the industry experts on a panel at the recent AI Fraud and AML Summit in London. The panel discussed regulation, data-sharing to get the best out of AI models and how it was ...

Fraud is a growing problem in the banking industry, with an estimated five percent of corporate revenue lost to fraud every year. This translates to a staggering $4.7 trillion globally, and the ...

Fraudsters have always been taking advantage of businesses’ vulnerabilities. And with the increased reliance on technology caused, cybercriminals are getting creative at targeting enterprises. Many ...

In 2021, in order to counter the creativity of fraudsters, Lombard Odier decided to raise their game and become even more innovative by leveraging the best of technology such as artificial ...

Only smart, AI-driven software that monitors transactions in real time can hope to deliver the level of protection required to stop fraudsters exploiting the opportunity instant payments afford them, ...

When NetGuardians recently brought together some of Europe’s top fraud specialists from major banks and organizations, the resulting discussion was open, frank, and insightful Covid-19 has changed ...

There are no precise numbers available but estimates for global financial sector fraud in all its manifestations might, many believe, run into the trillions of dollars when factoring in internal ...

Banks are increasingly turning to specialist FinTechs to deal with fraud for three solid reasons: they understand the problems better than generic it companies, they fix problems faster - in a ...

NetGuardians’ machine-learning fraud-mitigation software allows banks to monitor SWIFT messages to spot new and existing fraud types in real time, helping them meet SWIFT CSP requirements, writes ...

Research suggests that banks in Asia are failing to invest in fraud mitigation – even though fraud continues to rise and many authorities are beefing up their regulations, writes Sebastian Aldeco. ...