Treasury hails success of anti-fraud process that flagged and prevented $99 million in payments to dead people

The Treasury Department screened 885 million federal payments against death records, stopping $99 million from being sent to ...
Digital Journal

Automating the fraud management process will be a game changer (Includes interview)

To learn more about digital and automated fraud solutions, Digital Journal spoke with Dr Mark Goldspink, CEO of The ai Corporation (ai). The company’s new flexible, AutoPilotMLTM orchestration ...
WGAL

IRS unveils new web page to simplify tax fraud reporting

DISPONIBLES EN ESPANOL. JUST IN TIME FOR TAX SEASON. THE INTERNAL REVENUE SERVICE ANNOUNCED THE LAUNCH OF A NEW WEB PAGE THAT ALLOWS YOU TO CONFIDENTIALLY REPORT SUSPECTED TAX FRAUD OR OTHER TAX ...
Finextra

How to Accelerate Your Real-Time Fraud Detection

According to a recent survey from PYMNTS, over 71% of executives are significantly interested in real-time payment systems. It’s easy to see the value in near-instant transactions – faster account ...
JD Supra

Cyber holiday fraud: Make your process list and check your payments twice

Cyber criminals love this season because the holidays and year-end processes create perfect opportunities for fraud to thrive. This holiday season, make sure the payments coming in and out of your ...
Insurancenewsnet.com

Leveraging Social Media Research in the Claims Investigation Process Helps Fight Fraud, Mitigate Risk, and Reduce Cost

False insurance claims cost American consumers $80 billion annually, with fraudulent cases reaching an all-time high. The staggering cost of investigating claims not only leads to higher premiums - it ...
Forbes

4 Strategies To Protect Your Payments Process Against Fraud

In difficult economic periods, marginal gains matter more than ever to businesses. A few cents sliced off the cost of production here, or a slight uptick in sales there, can make the difference ...
Forbes

AI Applications In Fraud Detection In The Banking Industry

Kinil Doshi is a Senior VP at Citibank and a fintech expert in banking compliance and risk management with two decades of experience. In this article, I want to explore AI applications in fraud ...