The Fast Company Executive Board is a private, fee-based network of influential leaders, experts, executives, and entrepreneurs who share their insights with our audience. BY Matt Swann The rise of ...
Abstract: Fraud in supply chain operations poses significant risks to businesses, including financial losses, operational inefficiencies, and erosion of stakeholder trust. With the increasing ...
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 ...
The federal government’s bet on using artificial intelligence to fight financial crime appears to be paying off. Machine learning AI helped the US Treasury Department to sift through massive amounts ...
The financial sector is anticipated to experience a notable surge in fraudulent activities, leading to projected losses exceeding $40 billion by 2027. This increase marks a significant uptick from ...
Traditional rule-based systems, once sufficient for detecting simple patterns of fraud, have been overwhelmed by the scale, ...
Research predicted that hacks and data breaches will cost the global economy over $9.5 trillion by the end of 2024. This comes as fraud attempts and phishing attacks are increasing and getting more ...
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