Losses Surge to €4.2 Billion. Europe’s latest payment fraud figures are stark. According to the joint 2025 EBA-ECB report, ...

AGI refers to the idea of AI that can think or learn as broadly as a human. ASI takes that idea further, imagining systems ...

AI isn’t just a buzzword anymore, it’s the invisible hand reshaping industries at a speed that would have been science fiction a decade ago ...

Proactive monitoring tools, such as a third-party hotline platform and data analytics, coupled with employee engagement and a ...

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 ...

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

See how AI and machine learning are transforming people search accuracy. Learn how ML improves precision and recall, powers ...

The Federal Reserve is racing to contain a new kind of systemic risk, one that does not start with bad loans or exotic derivatives but with cloned voices and synthetic faces. After OpenAI leaders ...

Others leverage AI to monitor customer journeys, identify pain points, and provide seamless virtual assistance. These ...

Terron T. Brown used stolen mail and social media recruits to defraud banks such as PNC and Bank of America of millions, highlighting a rising industry threat.

The review reports that blockchain-enhanced federated learning systems typically achieve slightly lower raw accuracy than ...

AI brings new opportunities and risks to the financial system. Artificial intelligence software, algorithms and tools are continuously being used to improve risk management, investment management, ...