Fraud in supply chain operations represents substantial threats to companies, manifesting in financial losses, operational inefficiencies, and diminished stakeholder trust. Traditional fraud detection mechanisms have increasingly become insufficient given the growing complexity of global trade
Simon Glairy is a recognized expert in the fields of insurance and Insurtech, with a specialized focus on risk management and AI-driven risk assessment. He shares insights on the evolving landscape of digital payments, fraud tactics, and the role of AI in enhancing fraud detection mechanisms. Could
Feedzai has recently launched ScamAlert, a cutting-edge fraud prevention platform powered by GenAI. This innovative tool aims to revolutionize the fight against sophisticated scams targeting consumers. Given the growing complexity of fraudulent schemes driven by advancements in AI, a robust
El Camino College faces a significant issue with a rise in fraudulent enrollments, creating complications for faculty members, administrative staff, and genuine students. This troubling scenario is exemplified by social science professor Akello Stone, who discovered an astonishing 40 fraudulent
In an era of escalating financial fraud, where payment fraud is estimated to surpass $326 billion between 2023 and 2028, financial institutions face an urgent need to adopt advanced technologies. Legacy CPU-based systems, with their sequential processing, are becoming increasingly inadequate,
Cryptocurrency fraud is on the rise, targeting both beginners and seasoned investors. With the rapid growth of decentralized digital assets, it’s essential to stay vigilant. Learning how to identify and prevent various types of crypto fraud can save investors from significant financial loss and
