As we anticipate the year 2026, it is clear that AI will be a driving force behind profit growth for credit card operators and retailers. By enhancing fraud detection, optimizing inventory, and ...

Artificial intelligence has been a crucial part of the industry for decades, and more uses of the technology are coming — including, maybe, AI agents that make purchasing decisions for you. Many or ...

Explainable AI plays a central role in validating model behavior. Using established explainability techniques, the study examines which financial variables drive fraud predictions. The results show a ...

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

Fraud is no longer merely a nuisance. It’s become a significant, evolving threat that can cost businesses more than money. It holds the power to break down customer trust, slow operations and expose ...

Forbes contributors publish independent expert analyses and insights. I write about the economics of AI. In early 2024, The Guardian reported that U.K. engineering firm Arup lost $25 million to a ...