Kinil Doshi is a Senior VP at Citibank and a fintech expert in banking compliance and risk management with two decades of experience. In this article, I want to explore AI applications in fraud ...

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 ...

We live in an era of AI and emerging technologies, where easy access to cutting-edge solutions has made data breaches and social engineering increasingly common. The impact is felt not only by large ...

Don’t ignore potentially fraudulent credit card transactions; instead, take advantage of the protections and refund processes available through your card issuer. Confirm that the transaction is indeed ...

One unmistakable insight is that remote (online) transactions are the epicenter of payment fraud. The report shows that across cards, credit transfers, and e-money, the vast majority of fraudulent ...

A bank customer named Anjali has raised concerns about the lack of security measures after significant sums of money were withdrawn from her account without triggering any fraud alerts. The customer ...