Chicago, Sept. 27, 2022 – To help limit the more than $100 billion [1] of global sales lost to false positives during the fraud detection process, TransUnion (NYSE: TRU) announced today the launch of ...
Perhaps as frustrating to auto finance companies as fraud infiltrating its portfolio is an applicant that might be OK, but somehow tripped a trigger inadvertently, and the potential paper went into ...
The Treasury Department has recovered over $375 million since it started a new AI-powered fraud detection process in late 2022. Specifically, the new tool is meant to address check fraud — which the ...
In a market accelerating toward instant payments and open banking, a siloed approach to fraud detection is no longer viable.
JERSEY CITY, N.J., March 04, 2024 (GLOBE NEWSWIRE) -- Verisk (Nasdaq:VRSK), a leading global data analytics and technology provider, today announced two new collaborations with insurance technology ...
Chances are you’ve spotted odd-looking charges on your credit card statement, which prompted you to seek a refund from your issuer. Around 50% of consumers investigated a transaction they made in the ...
Transparency is another priority. Given the decentralized and trust-based nature of Web3.0, the expert emphasizes ...
What used to be simple forgery or stolen checks has evolved into coordinated attacks that exploit every weak spot in the claim payment process. From account takeovers and phishing attacks to ...
Traditional techniques for identifying and countering GenAI-enabled vehicle insurance fraud are notably limited, especially ...
Get the latest federal technology news delivered to your inbox. The Treasury Department has recovered over $375 million since it started a new AI-powered fraud detection process in late 2022.