Tag: AI fraud detection

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Resistant AI Secures $25M Series B Funding to Advance AI-Powered Fraud Detection

AI-driven fintech security firm Resistant AI raises $25 million in a Series B round to strengthen its fraud detection technology and expand into new...

ECB Partners with AI Startup for Advanced Fraud Detection in Digital Euro

Leveraging Cutting-Edge Technology to Enhance Financial SecurityHighlights: The European Central Bank has selected an AI startup to bolster fraud detection capabilities for the digital...

SEON Raises $80M Series C to Scale Fraud Prevention & AML Platform Globally

Fraud prevention fintech SEON secures $80 million in Series C funding led by Sixth Street Growth to accelerate AI product development, global expansion into...

Mastercard Leverages AI to Combat Card Reissuance Fraud

Innovative Solutions to Enhance Security and Reduce Financial Losses in Payment SystemsHighlights: Mastercard implements AI technology to prevent fraudulent card reissuance.The initiative aims to...

Bank of England Leverages AI to Combat Real-Time Payment Fraud

Project Hertha demonstrates AI’s potential in detecting financial crime patterns within retail payment systems. Highlights:AI-Powered Detection: The Bank of England’s Project Hertha successfully identified...

Visa Unveils Innovative AI Fraud-Fighting Tool

Revolutionizing Payment Security with Advanced TechnologyHighlights: Visa introduces a cutting-edge AI tool designed to combat fraud in financial transactions.The new technology leverages machine learning...