In a world where there are no absolute security guarantees, any organization could potentially become a victim of fraud. And non-profit companies, too - because data sometimes takes on even more weight than pure money. The more companies come up with protection methods, the more scammers come up with ways to outwit them in return. This is like running in a vicious circle, and … [Read more...] about How Machine Learning for Fraud Detection Works in Different Industries
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AI in Payments & Fraud Risk Management Summit
Artificial Intelligence (AI) is here for quite some time and is successfully being used in the banking applications like Fraud Analysis and Customer Risk Scoring but with a limited scope. With such high expectations for the technology in payments and in myriad other industries, what will AI actually mean for consumers and merchants? What types of problems do payments technology … [Read more...] about AI in Payments & Fraud Risk Management Summit
African Cybersecurity and Fraud Prevention Forum 2020
African Cybersecurity and Fraud Prevention Forum 2020 will focus on overcoming the Cyber threats facing Governments, Banking Industries, Financial Institutions, Health Sectors, Manufacturing Industries, School Districts, and Higher Education etc. By bringing together representatives from all facets of the Public Sector, this forum will create an opportunity for idea sharing, … [Read more...] about African Cybersecurity and Fraud Prevention Forum 2020
AI Fraud & AML Summit
Artificial intelligence (AI) has the potential to transform financial institutions (FIs), disrupting every aspect of financial services, from the customer experience to financial crime. AI technology can be utilised by FIs in a number of ways, with anti-money laundering (AML) one of the main areas of focus. FIs can employ AI to analyse large amounts of data, to filter out … [Read more...] about AI Fraud & AML Summit
How Blockchain and IoT Can Defeat Counterfeiting in the Fashion Industry
Imitation is the sincerest form of flattery. But brands that lose billions to counterfeit products don't feel it that way. Cambridge dictionary defines counterfeiting as something that is made to look like the original of something else, usually for dishonest or illegal purposes . Basically, it is the practice of creating fake versions of products at a low cost and selling … [Read more...] about How Blockchain and IoT Can Defeat Counterfeiting in the Fashion Industry
