Traditional rule-based systems, once sufficient for detecting simple patterns of fraud, have been overwhelmed by the scale, ...

It’s a great time to be in the fraud detection business in crypto and fintech. Crypto in particular has faced some high-profile scams recently, and many companies operating within the ecosystem are ...

The Government department began trialling the use of a machine learning algorithm to detect cases of benefits fraud over the last year. The algorithm analyses historical data to predict which cases ...

Fraud detection is defined by a structural imbalance that has long challenged data-driven systems. Fraudulent transactions typically account for a fraction of a percent of total transaction volume, ...

200,000 Department for Work and Pensions claimants have been warned they have "wrongly" been triggered for "fraud and error". The DWP algorithm has "wrongly flagged" 200,000 people for possible fraud ...

2025 has been the year of AI. While genuinely intelligent machines aren’t here yet, programs designed to analyze huge amounts of data are being rapidly deployed in every industry. But how beneficial ...

A surge in digital payment technologies has been paralleled by an equally rapid increase in credit card fraud. This research field explores multifaceted approaches that combine advanced analytics, ...

The Danish welfare authority, Udbetaling Danmark (UDK), risks discriminating against people with disabilities, low-income individuals, migrants, refugees, and marginalised racial groups through its ...