One of the most difficult challenges in payment card fraud detection is extreme class imbalance. Fraudulent transactions ...

Payment Service Providers (PSPs) need fraud detection systems that can anticipate and adapt to emerging types of fraud whilst maintaining the delicate balance between security and customer experience.

The payments industry is undergoing a profound transformation, and Artificial Intelligence is leading the charge. What began as a tool for basic automation has evolved into a powerful intelligence ...

In a market accelerating toward instant payments and open banking, a siloed approach to fraud detection is no longer viable.

In an increasingly digital economy, understanding how to prevent payment fraud is paramount. Fraudulent transactions cause financial losses and damage customer trust and business reputation. By ...

Banks as varied in size as JPMorgan Chase and Carver Federal Savings Bank have added technology designed to vet users and flag suspicious activity in real time or near-real time, regardless of whether ...

Jack Henry & Associates has launched PayrailzFraud Monitor, a real-time fraud-monitoring technology for payments. The cloud-native solution, which Jack Henry describes as an enhancement to its ...

Jack Henry (Nasdaq: JKHY) announced the launch of Payrailz Fraud Monitor, a cloud-native, AI-based feature of the Payrailz Digital Payments Platform that “provides real-time fraud detection when ...

Forbes contributors publish independent expert analyses and insights. Writes about the future of finance and technology, follow for more. Agentic commerce lets AI agents shop and pay on behalf of ...

Payment fraud has been high in recent years, and as criminals gain access to capability-enhancing generative AI tools, there is a growing need for innovative fraud detection research. However, the ...

PayLaterr Inc., a bill-payment platform provider, has partnered with Experian to use the credit bureau’s advanced identity and behavioral analytics for fraud detection and to help consumers make ...