Tag: fraud detection

Fraud management is often misunderstood as a technical exercise focused on tools and defences, but in reality, it is about how organisations run the...

Anti-money laundering compliance is entering a decisive phase as financial institutions, payment providers, and crypto platforms grapple with rising transaction volumes, tighter regulatory scrutiny,...

Agentic AI is quickly becoming a core focus for financial crime and compliance teams, with new research showing growing confidence in its ability to...

Although paper checks are steadily declining as consumers and businesses adopt faster digital payments, check fraud remains a persistent and costly problem. In 2024, checks...

In today’s financial services landscape, effective anti-money laundering (AML) frameworks are no longer optional. As regulatory expectations increase and financial crime becomes more sophisticated,...

In 2024, consumers and businesses reported losses of more than $12.5bn to fraud, representing a 25% year-on-year increase. According to AiPrise, the scale of this...

Cytora has entered a new partnership with Pilotbird as it looks to strengthen fraud detection and claims accuracy for commercial and property and casualty insurers.

Building on this shift, SymphonyAI also points to a cultural change that must accompany technology modernisation. SymphonyAI, a provider of AI for financial crime prevention,...

Artificial intelligence is rapidly altering how financial institutions manage anti-money laundering programmes, but the shift brings a central question into focus: how can banks...

Financial crime prevention is evolving rapidly, but many financial institutions are struggling to keep pace. SymphonyAI believes the biggest barrier is not a lack...