The advancement of artificial intelligence (AI) technology has brought about numerous benefits, from automating mundane tasks to creating hyper-realistic digital content. However, this innovation has also given rise to a new form of cybercrime: deepfake fraud. The manipulation of audio, video, and
The role of internal audit leaders is evolving rapidly with the advent of artificial intelligence (AI). Traditional fraud detection methodologies are becoming increasingly inadequate in the face of sophisticated and emerging fraud schemes. This article explores how AI can revolutionize fraud
Nonprofit organizations play a vital role in addressing societal needs, from disaster relief to healthcare and education. Their reliance on public trust and altruistic missions makes them particularly vulnerable to fraud. This type of malfeasance can divert much-needed resources, erode donor
The market for Agentic AI in Fraud Detection and Prevention is on the cusp of a significant transformation. With projections indicating growth from USD 4.8 billion in 2024 to approximately USD 206.9 billion by 2034, the landscape of fraud detection is set to evolve dramatically. Financial
The rapid expansion of online gambling has opened up vast opportunities but also introduced significant challenges, particularly the issue of fraud. This challenge is paramount for online gambling platforms that need to maintain fairness, transparency, and security to gain and retain player trust.
In the face of increasing cases of check fraud, financial institutions are seeking innovative solutions to enhance their security measures and protect customer assets. CSI, a prominent provider of financial software and technology, has partnered with Mitek Systems to introduce a groundbreaking
