Bogus research is undermining good science, slowing lifesaving researchThere is a growing recognition of the need for rigorous quality-control mechanisms in academic publishing to combat issues like paper mills.
Council Post: The Impact Of AI On The Financial Services IndustryAI is transforming financial services by enhancing fraud detection and risk management, improving customer safety and decision-making processes.
How Is AI Used in Accounting and Finance?AI is revolutionizing accounting and finance by automating tasks, enhancing data analysis, detecting fraud, and improving efficiency and accuracy.
AI helped the feds catch $1B of fraud in 1 yearThe US Treasury's use of AI in fraud detection has significantly improved financial crime recovery, with over $4 billion recovered in fiscal 2024.
Fake AI-generated reviews are all over the internet, research showsGenerative AI is enabling a rise in fake online reviews, complicating trust and consumer decisions.
States are turning their public benefits systems over to AI. The results have often led to 'immense suffering'Michigan's automated fraud detection system falsely accused thousands, resulting in severe consequences for residents and highlighting systemic issues in automated public benefit programs.
Bloomberg1. AI is an important tool for analyzing large amounts of data. 2. The EU is using AI to monitor trade activity and detect fraud.
Council Post: The Impact Of AI On The Financial Services IndustryAI is transforming financial services by enhancing fraud detection and risk management, improving customer safety and decision-making processes.
How Is AI Used in Accounting and Finance?AI is revolutionizing accounting and finance by automating tasks, enhancing data analysis, detecting fraud, and improving efficiency and accuracy.
AI helped the feds catch $1B of fraud in 1 yearThe US Treasury's use of AI in fraud detection has significantly improved financial crime recovery, with over $4 billion recovered in fiscal 2024.
Fake AI-generated reviews are all over the internet, research showsGenerative AI is enabling a rise in fake online reviews, complicating trust and consumer decisions.
States are turning their public benefits systems over to AI. The results have often led to 'immense suffering'Michigan's automated fraud detection system falsely accused thousands, resulting in severe consequences for residents and highlighting systemic issues in automated public benefit programs.
Bloomberg1. AI is an important tool for analyzing large amounts of data. 2. The EU is using AI to monitor trade activity and detect fraud.
The US Treasury is using AI (a vehicle for fraud) to detect fraudThe US Treasury successfully used AI to detect and recover over $4 billion in fraud payments last fiscal year.
How to Use Machine Learning for Credit ScoringMachine learning enhances credit scoring accuracy by analyzing more variables and adapting to new data, reducing bias and improving predictive power.
Anomaly Detection in Machine Learning Using Python | The PyCharm BlogAnomaly detection using machine learning is vital for processing large data volumes and identifying outliers, enhancing decision-making in various applications.
New AI System Aims to Detect Financial Fraud Across Corporate Networks | PYMNTS.comA new AI system, FraudGCN, can detect accounting fraud by analyzing financial patterns and corporate relationships, enhancing fraud detection across industries.
Machine Learning Is Helping the US Treasury Identify FraudMachine learning's application in detecting fraud has yielded significant financial recoveries for governmental agencies, showcasing its potential for social good.
Anomaly Detection: The Dark Horse of Fraud Detection | HackerNoonSupervised learning is preferred for fraud prediction, but organizations must not overlook the potential of unsupervised learning to detect new fraud patterns.
The US Treasury is using AI (a vehicle for fraud) to detect fraudThe US Treasury successfully used AI to detect and recover over $4 billion in fraud payments last fiscal year.
How to Use Machine Learning for Credit ScoringMachine learning enhances credit scoring accuracy by analyzing more variables and adapting to new data, reducing bias and improving predictive power.
Anomaly Detection in Machine Learning Using Python | The PyCharm BlogAnomaly detection using machine learning is vital for processing large data volumes and identifying outliers, enhancing decision-making in various applications.
New AI System Aims to Detect Financial Fraud Across Corporate Networks | PYMNTS.comA new AI system, FraudGCN, can detect accounting fraud by analyzing financial patterns and corporate relationships, enhancing fraud detection across industries.
Machine Learning Is Helping the US Treasury Identify FraudMachine learning's application in detecting fraud has yielded significant financial recoveries for governmental agencies, showcasing its potential for social good.
Anomaly Detection: The Dark Horse of Fraud Detection | HackerNoonSupervised learning is preferred for fraud prediction, but organizations must not overlook the potential of unsupervised learning to detect new fraud patterns.
LemFi moves remittances further into Asia and Europe with $53M in new funding | TechCrunchRemittances have become a vital financial lifeline for many emerging market economies, surpassing $669 billion in 2023.
The TechBeat: Building a Data Analytics Platform to Streamline the Temporary Labor Sector (12/8/2024) | HackerNoonMaruti Techlabs has created an advanced data analytics platform that improves workforce efficiency and reduces costs.
Sreenivasarao Amirineni: How Machine Learning Contributes to Modern Business Efficiency | HackerNoonSreenivasarao Amirineni is a prominent figure in insurance and data analytics, known for his innovative projects and leadership in technological advancements.
The TechBeat: Exploring the RIF Token: Bringing Utility to Bitcoin (12/10/2024) | HackerNoonThe article highlights how innovative technologies in DeFi, data analytics, and voice-based systems are transforming various industries.
The TechBeat: Building a Data Analytics Platform to Streamline the Temporary Labor Sector (12/8/2024) | HackerNoonMaruti Techlabs has created an advanced data analytics platform that improves workforce efficiency and reduces costs.
Sreenivasarao Amirineni: How Machine Learning Contributes to Modern Business Efficiency | HackerNoonSreenivasarao Amirineni is a prominent figure in insurance and data analytics, known for his innovative projects and leadership in technological advancements.
The TechBeat: Exploring the RIF Token: Bringing Utility to Bitcoin (12/10/2024) | HackerNoonThe article highlights how innovative technologies in DeFi, data analytics, and voice-based systems are transforming various industries.
Does Claim Management Work with AI Automation? - SitePointAI automation in claims management enhances speed and accuracy for both insurers and policyholders.
This New Tool Claims to Help Identify Ethereum Phishing Gangs | HackerNoonEthereum phishing scams are organized and experts are developing tools to combat them.
Ephemeral IDs: Cloudflare's Latest Tool for Fraud DetectionCloudflare's Ephemeral IDs enhance fraud detection by associating behavior with users rather than IP addresses, complicating evasion for malicious actors.
This New Tool Claims to Help Identify Ethereum Phishing Gangs | HackerNoonEthereum phishing scams are organized and experts are developing tools to combat them.
Ephemeral IDs: Cloudflare's Latest Tool for Fraud DetectionCloudflare's Ephemeral IDs enhance fraud detection by associating behavior with users rather than IP addresses, complicating evasion for malicious actors.
New process can curb fraud in rural online data collection | Cornell ChronicleA new protocol effectively detects and removes fake data in online research studies, specifically addressing challenges in rural communities.
The Curation Conundrum | Adtech Chat InsiderCuration in digital advertising is a topic of heated debate, questioning its role as an innovation or mere rebranding.
Bluespine Raises $7.2M to Help Self-Insured Employers Fight Medical OverbillingSelf-insured employers face significant challenges with medical claims and overbilling, leading to financial risks that can be mitigated through advanced audit solutions.
How to Use Call Detail Records to Detect FraudCall detail records (CDRs) are essential for monitoring phone systems and detecting fraud.
Natural Language Processing Use Cases | TechRepublicNatural Language Processing is transforming AI's ability to understand human language, crucial in various sectors like finance and healthcare.
The DrumAdopt a zero-tolerance stance against invalid traffic to combat advertising fraud costing $100bn annually.Digital marketing platforms should adopt a multi-faceted approach utilizing AI and cutting-edge tools to provide fraud-free traffic to advertisers.
Natural Language Processing Use Cases | TechRepublicNatural Language Processing is transforming AI's ability to understand human language, crucial in various sectors like finance and healthcare.
The DrumAdopt a zero-tolerance stance against invalid traffic to combat advertising fraud costing $100bn annually.Digital marketing platforms should adopt a multi-faceted approach utilizing AI and cutting-edge tools to provide fraud-free traffic to advertisers.
FTX's Downfall Couldn't Have Happened Without SBF's Fraud - Or Prager Metis' Audit FailureAuditors' negligence can allow massive frauds like FTX to occur, highlighting the need for adherence to professional standards.
77% of Consumers Expect Banks to Use AI to Fight FraudAI plays a crucial role in enhancing security and efficiency of real-time payments.
Identity fraud detection and prevention - London Business News | Londonlovesbusiness.comIdentity fraud is escalating significantly, necessitating improved detection and prevention strategies.
77% of Consumers Expect Banks to Use AI to Fight FraudAI plays a crucial role in enhancing security and efficiency of real-time payments.
Identity fraud detection and prevention - London Business News | Londonlovesbusiness.comIdentity fraud is escalating significantly, necessitating improved detection and prevention strategies.
Data Mining Techniques in Fraud DetectionData mining is essential for effective fraud detection in modern businesses.
Bloomberg1. Companies are increasingly using AI algorithms to detect and prevent fraud.2. AI can analyze large volumes of data and identify patterns that humans may miss.
Data Mining Techniques in Fraud DetectionData mining is essential for effective fraud detection in modern businesses.
Bloomberg1. Companies are increasingly using AI algorithms to detect and prevent fraud.2. AI can analyze large volumes of data and identify patterns that humans may miss.
Is AI Useful In Banks?AI in banking enables fraud detection, risk assessment, and faster customer service through chatbots.
Scam alert for Android users as 'Brokewell' malware threatens users' bank accountsAndroid users on Google Chrome may fall victim to Brokewell malware affecting bank accounts.
Brookline police find skimmer at Harvard Street gas stationBrookline police warn about credit card skimmers at Harvard Street gas station.
Generative AI: Shaping a New Future for Fraud PreventionFraud detection is a challenging process due to the complexity of cobbled-together systems and the struggle in effectively implementing machine learning for detection.
Conflixis Raises $275K to Make Sure Conflicts of Interest are Minimized and Possibly ManagedConflict of interest can leave organizations vulnerable to civil liability and criminal prosecution.Conflixis is an AI-powered platform that detects fraud, overspending, and compliance related to conflicts of interest.
from Gadget7 months agoTurns out I'm not real: detecting AI videos - GadgetDIVID tool by Columbia Engineering detects new generation of AI-generated videos.
Findigs Raises $27M to Enhance the Rental Screening Process with its PlatformFindigs streamlines rental screening process, reducing inefficiencies and risks for property managers and renters.