Fake or altered photos depict evidence, from crash scenes to receipts, to support fraudulent claims, according to SAS ...
The battle against fraud has become a high-stakes race between technology innovators and malicious actors. The rise of advanced digital tools like deepfake technology, AI and photo manipulation has ...
Purdue researchers tested 24 deepfake detection systems and found commercial tools generally performed better as AI identity ...
In today’s digital world, fraud has become more complex, which means we need smarter ways to detect and prevent it. Generative AI helps with this by looking at large amounts of data in real-time, ...
AI-generated car damage is turning into a real insurance fraud issue, with Admiral linking a sharp rise in cases during 2025 to manipulated images and fabricated supporting materials. The problem is ...
As AI use grows, insurance companies are increasingly questioning whether photos submitted during the claims process are real.
Financial fraud poses a persistent threat to the stability of global markets, undermining trust and inflicting substantial economic losses. Machine learning techniques have emerged as powerful tools ...
Kinil Doshi is a Senior VP at Citibank and a fintech expert in banking compliance and risk management with two decades of experience. In this article, I want to explore AI applications in fraud ...
When the text message came in, Kim Dow's heart sank. "Hi," it read. "Did you just make this purchase with your REI Co-op Mastercard?" The message went on to share the last four digits of Dow's card ...
CARY, N.C., May 28, 2026 /PRNewswire/ -- Insurance fraud, unfortunately, is inevitable. A certain amount of fraud is priced into the product. The goal for insurers is to find the right balance – ...