Recurrent neural networks for payment fraud detection
Step behind the scenes to see the role of neural networks in detecting payment fraud.
Tag: payment fraud
From evolution to revolution: The transformative effect of generative AI in banking
As the old saying goes, “You wait ages for a bus and then two [or possibly three]come along at once.” This saying can be updated to reflect life in our increasingly digital world: "You wait ages for a genuine disruptive technology and then two [or possibly three]arrive simultaneously." This phrase
Payment scams are spiraling. How can businesses respond?
Fast-changing payment scams are on the rise. Learn how to fight back.
5 types of fraud and how analytics can help
See how analytics fights back against ever-changing fraud trends.
10 ways to sharpen your approach to payment fraud analytics
New payment methods will deliver huge improvements in speed of transaction, but also provide challenges.
A machine learning balancing act: Payments, customer experience, fraud detection
The range of potential payment services has expanded rapidly over the last few years. Increasingly, we all want the flexibility of being able to pay with new payment methods, from contactless through to Apple Pay, mobile wallets and beyond. Digital natives, such as millennials, don’t just want this – they
Is your organisation doing enough to keep pace with payment fraud?
The financial services industry is under continued pressure to create more convenient ways of paying for goods and services. This trend goes beyond common hype. It’s a cultural shift from long-standing payment methods traditionally defined by industry heavyweights to embracing market demands and delivering customer-centricity. With digitisation, new market entrants
Combat wire fraud with analytics
As the banking industry continues to combat increasing fraud challenges, payment fraud is growing exponentially. This growth stems from a shifting payment landscape with new and varied payment options. Globally, governments are introducing new initiatives like faster payments and real-time payments which compress turnaround times. These initiatives are altering the