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 s
The commercial insurance industry, worth hundreds of billions, has long been entangled in outdated, paper-based processes and legacy systems. However, a shift towards digital transformation, driven by efficiency needs and advanced artificial intelligence (AI), is underway. Vishal Sankhla,
In today's digital age, where financial transactions happen in the blink of an eye, the threat of fraud looms larger than ever before, urging financial institutions to stay one step ahead to protect their customers and themselves. Behind the scenes of this high-stakes game, HPS, a global
In the rapidly evolving world of auto finance, the integration of artificial intelligence (AI) has emerged as a game-changer. Once plagued by challenges related to fraud detection, income validation, and customer engagement, the industry now witnesses an unprecedented transformation. AI-powered
The intricate and evolving landscape of travel insurance fraud presents a significant challenge to the insurance industry. With the frequent one-off nature of travel insurance purchases and the financial temptation of fraudulent claims, the sector remains particularly vulnerable. This vulnerability
