A surge in digital payment technologies has been paralleled by an equally rapid increase in credit card fraud. This research field explores multifaceted approaches that combine advanced analytics, ...

Credit card fraud is the most common form of identity theft, according to the FTC. Nearly 450,000 cases of credit card fraud were reported to the FTC in 2024, and 416,579 cases were reported in 2023.

Mastercard is using AI to help detect and prevent credit card fraud. The company says the tech can flag unusual patterns and block fraudulent transactions. This article is part of "AI in Action," a ...

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 ...

Be it new generations of artificial intelligence or increasingly skilled threat actors, fraud continues to be a massive thorn in the side of banks and credit unions across the U.S. New research from ...

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 ...

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 ...