Why Leveraging Diverse Data Enhances the Chances of Detecting Fraud Fuel retailers are increasingly grappling with the escalating threat of payment fraud, driven by the proliferation of compromised data on the dark web and the emergence of sophisticated fraudulent tactics. While many fraud detection systems employ advanced technologies and strat...
15 October 2024 Transaction Fraud Systems and Analysis
Fighting fraud is like playing a game of cat and mouse. But what if the 'mouse' could learn the cat's every move? Machine learning in fraud detection creates a system that constantly gets better at spotting fraudulent transactions, no matter how the fraudsters try to disguise them. This technology has been around for a while, with the first system...
29 July 2024 Artificial Intelligence and Financial Services
Generative AI (such as OpenAI's ChatGPT) has generated an explosion of interest as numerous sectors have started understanding its unique capabilities for generating content based on simple prompts. There is much discussion about whether this new generation of AI will replace many skilled jobs, and at a basic level, it seems capable of doing so - ...
10 August 2023 Artificial Intelligence and Financial Services
Mark GoldspinkCEO at The ai Corporation
Luke MathewsFraud Strategy Manager at The ai Corporation
Leon Du PlessisKey Account Manager for MEA at The ai Corporation
Piers HorakCEO at The ai Corporation
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