Forensic analysis has become a cornerstone in the fight against financial fraud, combining accounting, auditing, and investigative skills to uncover and prevent fraudulent activities. As financial ...

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

A new machine learning breakthrough outperforms traditional methods by reducing false positives and minimizing cases needing further inspection, crucial for sectors like Medicare and credit card fraud ...

Abstract: Fraud in supply chain operations poses significant risks to businesses, including financial losses, operational inefficiencies, and erosion of stakeholder trust. With the increasing ...

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

2024 MAY 30 (NewsRx) -- By a News Reporter-Staff News Editor at Health Policy and Law Daily-- Research findings on science and technology are discussed in a new report. According to news originating ...

Database design and management are essential pillars of success in the financial sector, where efficient data handling and adherence to regulatory standards are critical. The global market for ...

Payment disbursements are a critical component of modern commerce, but they also present a significant challenge: how to prevent fraud. Prateek Mehta, a payments expert and product manager at ...

Traditional techniques for identifying and countering GenAI-enabled vehicle insurance fraud are notably limited, especially ...

AI-generated deception is best detected not by examining isolated data points, but by analyzing how content behaves over time ...

Legal consequences can be up to 20 years in prison, plus fines of more than $250,000. This scheme often combines with other ...