Open your banking app, and you are likely interacting with artificial intelligence without noticing it. A fraud alert appears ...

Equifax Inc. early Friday launched an application to identify synthetic identity fraud. The app, known as Synthetic Identity Risk, uses artificial intelligence to analyze identity data, credit ...

Artificial intelligence has been a crucial part of the industry for decades, and more uses of the technology are coming — including, maybe, AI agents that make purchasing decisions for you. Many or ...

New York startup Casap has raised $25 million in new funding to help banks tackle the thorny problem of credit and debit card disputes, aiming to make the process smoother for honest customers and ...

Mastercard has developed a transaction-specific AI model to detect fraud, enhance loyalty programmes and deliver personalised ...

This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community. The move demonstrates how usage of AI and machine learning in ...

Key insight: Passive, real-time call fraud scoring reduced fraud exposure and improved member experience for MSUFCU. Expert quote: Fraud strategist Frank McKenna said humans can't reliably detect ...

Consumers increasingly expect their financial institutions to use artificial intelligence–powered fraud prevention to protect them from scammers leveraging AI. AI models trained on large financial ...

Financial stress and easy‑to‑use AI tools drive a surge in first‑party loan manipulation and money mule activity, according ...