One of the most difficult challenges in payment card fraud detection is extreme class imbalance. Fraudulent transactions ...

In a market accelerating toward instant payments and open banking, a siloed approach to fraud detection is no longer viable.

The payments industry is undergoing a profound transformation, and Artificial Intelligence is leading the charge. What began as a tool for basic automation has evolved into a powerful intelligence ...

Payment Service Providers (PSPs) need fraud detection systems that can anticipate and adapt to emerging types of fraud whilst maintaining the delicate balance between security and customer experience.

In an increasingly digital economy, understanding how to prevent payment fraud is paramount. Fraudulent transactions cause financial losses and damage customer trust and business reputation. By ...

The Treasury says it identified or recovered $4 billion in fraudulent payments last fiscal year, a sixfold increase over the previous year. Reading time 2 minutes The U.S. Department of the Treasury ...

Payment fraud has been high in recent years, and as criminals gain access to capability-enhancing generative AI tools, there is a growing need for innovative fraud detection research. However, the ...

CINCINNATI--(BUSINESS WIRE)--Worldpay ® and Capital One have joined forces in a new collaboration to optimize payment fraud decisioning and enhance payment security and efficiency with a data sharing ...

The payment integrity arm of the Treasury Department says that new AI-powered tools are helping it spot fraudsters and bad actors before they access government money. Treasury prevented and recovered ...

PayLaterr Inc., a bill-payment platform provider, has partnered with Experian to use the credit bureau’s advanced identity and behavioral analytics for fraud detection and to help consumers make ...

Nick Chandi is the CEO of Forwardly, an award-winning B2B payment platform that helps US businesses send and receive payments faster. I’ve seen too many small-business owners wake up to a payments ...

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Payment fraud is a fast-growing business threat, according ...