Tag: FRAUD
The Transformative Power of Generative AI in Banking and Finance
By Rutherford Johnson, PhD, ALM, Senior Lecturer, London School of Business and Finance
The banking and finance sectors are in the midst of a profound...
As AI fuels fraud attempts, businesses must be equipped with the right tools
Ahmed Fessi, Chief Transformation & Information Officer at Medius
Despite the undeniable benefits businesses can reap from investing in and leveraging innovative artificial intelligence tools...
Revolutionising insurance payment processing with AI and automation
Piers Williams, Global Insurance Manager at AutoRek
Picture a future where insurance claims are settled within minutes, fraud is identified in real-time, and customers never...
Using technology to safeguard against fraud this holiday season
Tristan Prince, Product Director, Fraud & Financial Crime, Experian
The holiday season brings with it a surge in consumer spending, with UK shoppers expected to...
Top 4 strategies for financial institutions to combat fraud in 2024
Grant Macdonald’s, Director of Financial Crime at Experian
The fraud landscape is evolving rapidly, driven by rising cyber-attacks, advancements in artificial intelligence, and increasingly sophisticated...
Why financial institutions must prioritise contact data quality if serious about fraud prevention
By Barley Laing, the UK Managing Director at Melissa
According to Nasdaq’s 2024 Global Financial Crime Report $3.1 trillion of illicit funds flowed through the...