Kinil Doshi is a Senior VP at Citibank and a fintech expert in banking compliance and risk management with two decades of experience. In this article, I want to explore AI applications in fraud ...

Digitalisation has rapidly changed the face of industry and business. Businesses have increasingly integrated modern technologies into their operations to improve real-time activity. However, ...

Riskified is a software company based in New York City that provides fraud management, risk intelligence, transaction reversal support, and prevention technology to online merchants. Its clients ...

The most convincing media you see online could be an AI-generated fake. Last May, nefarious marketers used deepfake tech to steal the likenesses of famous people, running ads online and making it ...

For instance, Mastercard’s network processes roughly 160 billion transactions a year, and experiences surges of 70,000 transactions a second during peak periods (like the December holiday rush).

Banks should take a page from the health sciences' playbook and use artificial intelligence to "nudge" consumers away from transactions that have the characteristics of known fraud schemes, writes ...

AI has become the control plane of financial services, shaping fraud decisions, AML alerts, credit limits, pricing strategies and collections. Yet many banks and fintechs still view these systems as ...

Riskified's Adaptive Checkout tool uses AI to reduce fraud and false declines for merchants. The AI tool helped TickPick, an online marketplace, approve more orders and increase revenue. This article ...