#fraud-detection

#fraud-detection

AI agents are being implemented across various industries to automate tasks, particularly in finance for fraud detection and in sales for gathering customer data and insights.

Ad fraud is increasingly infiltrating B2B marketing through fake leads, primarily from bot-generated form fills and fabricated prospect lists, leading to inefficiencies and damaged reputations.

California colleges are implementing AI to combat the rising issue of ghost students—fake or stolen identities used to fraudulently enroll for financial aid.

Crystal Intelligence has received a strategic investment from Tether to enhance its blockchain analytics capabilities, focusing on risk monitoring, fraud detection, and regulatory intelligence.

The biggest misconception about accountants is that accounting is designed to detect fraud. An audit is not designed for that purpose, despite the capability to do so.

Fannie Mae and Palantir Technologies have announced a partnership aimed at utilizing AI to detect mortgage fraud swiftly, reducing detection time from months to seconds.

Card declines, often seen as a simple risk issue, are deeply linked to data mismanagement and can lead to a significant loss of good transactions.

"I think the approach we've taken is to, instead of kind of make AI the end goal... we kind of ask ourselves, okay, what is really our end goal as a business, right?"