Tag : Fraud Schemes

TransUnion Study Finds More than Half (56%) of Canadians Said They Were Targeted by Fraud in Second Half of 2024
Banking Finance Fintech News Security

TransUnion Study Finds More than Half (56%) of Canadians Said They Were Targeted by Fraud in Second Half of 2024

GlobeNewswire
by GlobeNewswire0
Almost One in Five (17%) Canadians Reported Losing Money Due to Fraud in Last Year with Median Loss of $2,013 Gaming, Government and Communities were Most Targeted Sectors by Digital Fraudsters in Canada 39% of Canadians surveyed said fraud concerns is the top reason why they abandon online shopping carts.......
Analytics Artificial Intelligence Compliance management Featured Finance Fintech Payment gateways Security

Developing AI Models to Identify and Mitigate Emerging Financial Fraud Schemes

Fintech Staff Writer
by Fintech Staff Writer0
The rapid evolution of financial technology has transformed financial systems, enabling faster transactions and seamless access to services. However, these advancements have also opened the door for increasingly sophisticated emerging financial fraud schemes. To combat these threats, organizations are leveraging artificial intelligence (AI) to develop advanced models capable of identifying......
1