Asian Banking & Finance on MSN

2 in 5 APAC finance firms lag in AI or machine learning

Survey shows that 61.2% now use AI or machine learning in live settings. Generative artificial intelligence (AI) is moving ...

AI-driven fraud makes “proof” more important than “documents”

Storing fewer raw PII files means less confidentiality exposure and a reduced control burden (8). If a verifier relies on a cryptographically signed proof rather than a database of passport JPEGs, ...
Biometric Update

AI fraud pushing pace on need for advanced deepfake detection tools

Deepfake and continuous identity protection programs must therefore be framed not as experimental controls, but as ROI-driven investments.
IEEE

Insurance Claim Fraud Detection Using Machine Learning

Abstract: Auto insurance claim fraud has become increasingly prevalent in recent years posing a significant challenge for the auto insurance industry. To address this issue there is a growing need for ...
IEEE

Fraud Detection in Financial Transactions Using Machine Learning Models

Abstract: Fraud in financial transactions is one of the fast growing problems. Digital payments are increasing in number and complexity. This makes it important to find ways to detect fraud early and ...
Scientific Research Publishing

Ashtiani, M.N. and Raahemi, B. (2022) Intelligent Fraud Detection in Financial Statements Using Machine Learning and Data Mining: A Systematic Literature Review. IEEE Access ...

ABSTRACT: Improved accuracy in predicting corporate financial fraud significantly enhances regulatory efficiency and market stability. However, detecting increasingly sophisticated fraud patterns ...
The Conversation

Can scientists detect life without knowing what it looks like? Research using machine learning offers a new way

Amirali Aghazadeh receives funding from Georgia Tech. When NASA scientists opened the sample return canister from the OSIRIS-REx asteroid sample mission in late 2023, they found something astonishing.
Forbes

Beyond Detection: How Fraud Scoring Transforms Risk Management For Modern Banks

Fraud detection is no longer enough to protect today’s financial ecosystem. As digital transactions increase in volume and complexity, banks require intelligent systems that can assess risk with ...