Fighting fraud is like playing a game of cat and mouse. But what if the 'mouse' could learn the cat's every move? Machine learning in fraud detection creates a system that constantly gets better at spotting fraudulent transactions, no matter how the fraudsters try to disguise them. This technology has been around for a while, with the first system...
29 July 2024 Artificial Intelligence and Financial Services
Generative AI (such as OpenAI's ChatGPT) has generated an explosion of interest as numerous sectors have started understanding its unique capabilities for generating content based on simple prompts. There is much discussion about whether this new generation of AI will replace many skilled jobs, and at a basic level, it seems capable of doing so - ...
10 August 2023 Artificial Intelligence and Financial Services
The possible applications of generative AI have been explored by many in recent weeks. However, one major unexplored topic is how fraud analysts can use data created by generative AI to augment and improve their fraud detection strategies and the implications of using synthetic data to train fraud models and improve detection rates. It is well k...
03 July 2023 Artificial Intelligence and Financial Services
Mark GoldspinkCEO at The ai Corporation
Jonathan HancockRetail Fuel, Mobility Issuing and Fraud Solutions at The ai Corporation
Luke MathewsFraud Strategy Manager at The ai Corporation
Leon Du PlessisKey Account Manager for MEA at The ai Corporation
Welcome to Finextra. We use cookies to help us to deliver our services. You may change your preferences at our Cookie Centre.
Please read our Privacy Policy.