Archana Todupunuri, has recently presented her insights on how AI can revolutionize fraud detection and prevention in digital ...

Financial fraud is a growing concern for individuals, businesses, and governments alike. The advent of technology has brought ...

Cyber fraud incidents surged from 75,800 cases in FY2023 to 2,92,800 cases in FY2024, with financial losses escalating from ₹421.4 crore to ₹2,054.6 crore during the same period. Banks are ...

The US Consumer Financial Protection Bureau (CFPB) has filed a lawsuit against JPMorgan Chase, Bank of America, and Wells ...

This strategic move solidifies Socure's commitment to advancing the field of identity security and fraud prevention ... synthetic and ID fraud detection, KYC, AML, and bank account validation ...

Advanced AI provides comprehensive fraud prevention and management ... many good reasons to love online banking, but think of the flexibility that online and mobile payments offer us.

By addressing potential vulnerabilities, the BoT aims to build greater trust among users and support the growing reliance on digital banking platforms.

The lawsuit points out that Zelle is embedded in the mobile apps of ... to implement appropriate fraud prevention and detection safeguards. The CFPB alleges that Bank of America, JPMorgan Chase ...

50% of consumers call for their banks to “have better fraud detection systems” as the ... they have higher expectations for fraud prevention at banks. Banks need to remain competitive in ...

According to the Reserve Bank of India (RBI), domestic payment fraud increased by 70.64% in six months, reaching Rs 2,604 crore by March 2024, up from Rs 1,526 crore during the same period the ...