Tag: AI Fraud

The U.S. Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) has issued a critical alert to assist financial institutions in identifying and addressing fraud schemes involving deepfake media created with generative AI (GenAI) tools.

Fraudsters can now easily create fake documents online or purchase forged ones with just a few clicks. As a result, detecting document fraud has become...

AI fraud detection company Oscilar has introduced a industry-first generative AI platform designed for fraud prevention.