OpenAI's top executive is warning that artificial intelligence is about to supercharge bank fraud at a scale the financial ...

US Bank has used AI for fraud detection and brand campaigns, but CMO Michael Lacorazza says the technology's potential is yet to be fully understood. He spoke to Business Insider at the Cannes Lions ...

The Federal Reserve is racing to contain a new kind of systemic risk, one that does not start with bad loans or exotic ...

RIZAL Commercial Banking Corporation (RCBC) has strengthened its fraud detection and cyber risk management systems as ...

In August, German banks froze over €10 billion in PayPal payments due to suspected fraud, a disruption that underscored the scale of growing financial security concerns. If even long-standing, trusted ...

Even as recently as 2022 — when Open AI unveiled Chat GPT, the first generative artificial intelligence product — it might have been tempting to wave off AI as a fad with more of a following among the ...

Banks should take a page from the health sciences' playbook and use artificial intelligence to "nudge" consumers away from transactions that have the characteristics of known fraud schemes, writes ...

Srinubabu Kilaru said Bringing version control and CI/CD into data pipelines changed how quickly we could respond to policy ...

The Financial Fraud Risk Indicator is a government-backed system that flags risky mobile numbers and blocks suspicious ...

There's comfort in keeping your money in a bank or financial institution. The thought is, your money's safer there. Now a growing number of USAA members are having second thoughts; after losing ...