Tag : Financial fraud detection

Artificial Intelligence Digital Payments Featured Fintech Security Trading

Explainable Generative AI in Financial Fraud Detection and Reporting

Fintech Staff Writer
by Fintech Staff Writer0
The financial sector faces a constant threat from fraud, ranging from identity theft and money laundering to insider trading and payment fraud. The complexity of financial transactions, combined with the growing sophistication of fraudsters, has made detecting fraudulent activity increasingly challenging. This is where Generative AI in financial fraud detection......
President’s Working Group (PWG) Addresses Payment System Risks Associated with Stablecoins
Cryptocurrency Digital Payments Featured

President’s Working Group (PWG) Addresses Payment System Risks Associated with Stablecoins

Sudipto Ghosh
by Sudipto Ghosh0
Stablecoins are fast becoming an alternative to bitcoin payments, even as these hybrid cryptocurrencies already facilitate digital transactions of other cryptocurrencies. In order to regulate the payments risks associated with digital asset trading involving stablecoins, the President’s Working Group on Financial Markets (PWG) released a comprehensive report on stablecoins. The......
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