AI’s role in detecting fraud as markets stumble
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Tod McDonald, co-founder of Valid8 Financial, explains how AI equips forensic accountants to uncover fraud as economic slowdowns bring hidden schemes to light.
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Fintech News Stories
Air, Food, Water, Shelter, Internet — and Fraud?
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Plenty of consumers now believe fraud is simply a cost of the digital economy. It’s roughly a 50/50 split among those who accept and reject this premise, according to a new survey by the card-issuing platform Marqeta.
Read MoreUsing Fintech to Empower People to Choose How to Live as They Age
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AARP is concerned about the financial well-being of people as they age, but that goes beyond Social Security and Medicare to include fintech and healthtech. Senior Vice President of Innovation and Product Development Andy Miller shares how AARP partners with start-ups and also develops products internally.
Read MoreThe Big Kahuna of Fintech Events
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We found Money20/20 to be abuzz with business and learnings. Here are a few takeaways.
Read MoreBig Data Needs Data Scientists to Make Sense of It All
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Big data is used for marketing, compliance and investing — it requires deep skills.
Read MorePayment Networks Innovate (And So Do Fraudsters)
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AI is used on both sides of fraud — to create fraudulent transactions and to stop them.
Read MoreReal-Time Payments are Running Behind Schedule
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Real-time payments aren’t quite there yet at The Clearing House (TCH), which launched its real-time payments (RTP) network for the U.S. in November 2017.
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