South Korea is intensifying its fight against insurance fraud with a major overhaul of the Special Act on the Prevention of Insurance Fraud. This legislative update extends culpability beyond just the direct perpetrators of fraud to include those who facilitate or instigate these dishonest acts.
In a digital landscape plagued by fake goods and scams, brands require strong defenses. Authentix offers a potent solution, leveraging AI and machine learning to identify and combat up to 90% of online counterfeiting and trademark violations. Their technology scrutinizes over 330 web marketplaces
Insurance fraud is an illicit activity with far-reaching consequences, affecting not just the insurance sector but the broader economy as well. This type of fraud ranges from simple exaggerations on insurance claims to elaborate plots orchestrated by sophisticated criminal networks. The economic
Insurance fraud is a significant issue for carriers, draining substantial resources in both prevention and investigation efforts. LexisNexis® Risk Solutions stands out in addressing this issue, offering advanced fraud detection and prevention systems. These tools help carriers manage the complex
Machine Learning: A New Frontier in Fraud Detection The advent of machine learning has breathed new life into the battle against insurance fraud. Unlike conventional rule-based systems, machine learning thrives on the ability to detect patterns within extensive datasets — patterns that human i
