The Treasury Department has recovered over $375 million since it started a new AI-powered fraud detection process in late 2022. Specifically, the new tool is meant to address check fraud — which the ...

JERSEY CITY, N.J., March 04, 2024 (GLOBE NEWSWIRE) -- Verisk (Nasdaq:VRSK), a leading global data analytics and technology provider, today announced two new collaborations with insurance technology ...

Chances are you’ve spotted odd-looking charges on your credit card statement, which prompted you to seek a refund from your issuer. Around 50% of consumers investigated a transaction they made in the ...

Quantum software startup Haiqu announced results from a trial this week demonstrating that current quantum computers could detect subtle financial anomalies that could indicate fraud more efficiently ...

With the ease of creating convincing deepfake images and even videos threatening to increase insurance fraud, a Utah-based software company is equipping insurance companies with another layer of ...

The hiring process has become a high-stakes battleground. What was once a relatively secure human-to-human interaction is now vulnerable to synthetic identities, deepfakes, identity manipulation, and ...

In today’s digital world, fraud has become more complex, which means we need smarter ways to detect and prevent it. Generative AI helps with this by looking at large amounts of data in real-time, ...

There is a time window for every act of online fraud. When a transaction occurs, a fraud system must review it and decide if it’s legitimate before the ...

Get the latest federal technology news delivered to your inbox. The Treasury Department has recovered over $375 million since it started a new AI-powered fraud detection process in late 2022.

Verisk’s ClaimSearch platform plays a crucial role in combating the estimated $309 billion annual toll insurance fraud imposes on American businesses and consumers by providing P&C carriers with ...