The Fast Company Executive Board is a private, fee-based network of influential leaders, experts, executives, and entrepreneurs who share their insights with our audience. BY Matt Swann The rise of ...
Fraud is widespread in the United States and increasingly driven by technology. For example, 93% of credit card fraud now involves remote account access, not physical theft. In 2023, fraud losses ...
Abstract: Fraud in supply chain operations poses significant risks to businesses, including financial losses, operational inefficiencies, and erosion of stakeholder trust. With the increasing ...
A new machine learning breakthrough outperforms traditional methods by reducing false positives and minimizing cases needing further inspection, crucial for sectors like Medicare and credit card fraud ...
Today’s fast-paced online world is underlined by systems that allow it to move that fast. Whether it’s the latest advancements to transport systems, faster internet connections, or more real-time ...
Fraud detection is defined by a structural imbalance that has long challenged data-driven systems. Fraudulent transactions typically account for a fraction of a percent of total transaction volume, ...
The financial sector is anticipated to experience a notable surge in fraudulent activities, leading to projected losses exceeding $40 billion by 2027. This increase marks a significant uptick from ...
Quantum software startup Haiqu announced results from a trial this week demonstrating that current quantum computers could detect subtle financial anomalies that could indicate fraud more efficiently ...
Fraud detection is no longer enough to protect today’s financial ecosystem. As digital transactions increase, banks require ...
“Fraud detection today is about precision, not just protection. The ability to differentiate legitimate customers from ...