Explainable AI plays a central role in validating model behavior. Using established explainability techniques, the study examines which financial variables drive fraud predictions. The results show a ...

Traditional rule-based systems, once sufficient for detecting simple patterns of fraud, have been overwhelmed by the scale, ...

For financial institutions, threat modeling must shift away from diagrams focused purely on code to a life cycle view ...

Credit deterioration seldom happens suddenly. The earliest signs of weakness emerge long before financial statements or ...

Each holiday season, as transaction volumes rise, so does fraud volume. This season, it comes in the form of everything from automated, AI-driven credential stuffing to organized gift card theft. The ...

AUSTIN, Texas — Driving through Austin may soon get a little easier. On Thursday, the Austin City Council could greenlight a nearly $11 million plan to improve vehicle detection at traffic signals, ...

(WJAR) — There’s a new scam haunting holiday shoppers and travelers. It’s called "ghost tapping." Kristin Lewis, chief product officer at Aura, says scammers pull off the scam by exploiting the Tap to ...

Lawmakers and the legal community are raising questions after a Minnesota judge took the uncommon step of overturning a unanimous jury verdict in a massive $7.2 million Medicaid fraud case, a move ...

New York Attorney General Letitia James pleaded not guilty on Friday to federal charges accusing her of lying on mortgage papers to secure favorable loan terms in a case pushed by President Donald ...

WASHINGTON, Dec 12 (Reuters) - The U.S. Treasury is boosting financial reporting requirements for money services businesses that will help track where cash goes, Treasury Secretary Scott Bessent said ...