The Problem of “Black Box” Fraud Detection. One MRC accredited vendor claims IVT (bots) is 10% on a campaign. Another MRC accredited vendor claims IVT is 1% on the same campaign.

While the real estate world adapts to the increased use of AI, these innovative applications of the technology will ensure accuracy, reduce the occurrence of fraud and even simplify compliance.

Some clients will start off using this in offline mode, where payments are observed and flagged in real time, but they aren’t stopped. Once the customer is comfortable with the false- positive rates, ...

Instead, the fraud detection efforts rely on machine learning, the subset of AI that excels at analyzing vast amounts of data, and making decisions and predictions based on what it’s learned.

OrboGraph, a premier supplier of check processing automation and fraud detection software and services, announced the addition of three new Top 30 Ban OrboGraph Leads the Industry in Check Fraud ...

BRUSSELS--(BUSINESS WIRE)--Swift today announced that it is rolling out new AI-enhanced fraud detection to help the global payments industry step up its defence as bad actors grow increasingly ...