As check fraud becomes an increasing concern, VeraBank and the Independent Community Bankers of America (ICBA) have joined forces in partnership with the U.S. Postal Inspection Service to address this pressing issue. Check fraud schemes often involve the interception and alteration of legitimate
Artificial intelligence (AI) is swiftly transforming the insurance claims processing sector, driven by the increasing need for higher accuracy, efficiency, and cost reduction in handling claims. The utilization of AI technologies such as machine learning (ML), natural language processing (NLP), and
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
Nigeria's vibrant fintech sector is growing rapidly, yet it faces significant cybersecurity threats. As the industry expands, the importance of robust security measures becomes increasingly evident. While the digital economy opens new avenues for growth and financial inclusion, it also introduces
The insurance industry is bracing for transformative changes with the rapid adoption of regulatory technology (regtech). This technological wave is poised to streamline regulatory compliance, enhance risk management, and significantly curb fraud, setting the stage for a new era in insurance
