Explainable AI plays a central role in validating model behavior. Using established explainability techniques, the study examines which financial variables drive fraud predictions. The results show a ...

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, ...

In an advanced fraud, the SEC charges fraudulent crypto platforms and WhatsApp investment clubs with conning retail investors ...

Overview: AI is transforming banking by making services faster, safer, and more personalized through real-time data and intelligent automation.From fraud detect ...

AI brings new opportunities and risks to the financial system. Artificial intelligence software, algorithms and tools are continuously being used to improve risk management, investment management, ...

Overview:  AI is transforming finance, but ethical challenges around bias and fairness remain unresolved across institutions.Algorithmic decisions in lendi ...

"The very technology that empowers us may also imperil us," one said. There is growing fraud online in which scammers manufacture other identities to dupe financial institutions or their customers out ...

Fraud is no longer merely a nuisance. It’s become a significant, evolving threat that can cost businesses more than money. It holds the power to break down customer trust, slow operations and expose ...

Community colleges in California for years have been fighting a losing battle with fraudsters who have stolen millions of dollars in federal and state financial aid. But now state officials believe ...

India's digital payments boom in 2025 fuels a surge in AI-powered fraud, with UPI scams, voice cloning, fake investments and ...