Arnont.tp // ShutterstockAI-fueled fake IDs and identity theft: What you need to knowIdentity theft happens every 22 seconds ...

Regardless of whether it’s some fine Russian women dying to meet me or a rogue document for me to read from a mysterious ...

Synethic identity fraud, which is projected to cost banks $23 billion by 2030 (and more in operational and reputational costs), is on the rise, and it's getting more complex with the use of general ...

In what Federal Housing Finance Agency (FHFA) Director Bill Pulte termed “something big on mortgage fraud,” Fannie Mae said it has launched an AI-powered Crime Detection Unit in partnership with ...

“It was a mortgage case, a fraud case where someone had docked the financial statements,” she explained. “It took our really talented investigators 60 days to detect fraud in two of these files.

PR Newswire WASHINGTON, May 28, 2025 Fannie Mae's Crime Detection Unit Will Boost Safety and Soundness and Save Millions by Preventing Future Fraud Losses in U.S. Mortgage Market ...

Identifying fraud often comes down to pattern recognition, which makes AI well-suited for the task, said Daryl Lim, an affiliate at the Center for Socially Responsible Artificial Intelligence.

Fraud detection is one of the most critical areas where image counting AI can be a game-changer. With the rise of digital transactions, financial institutions are constantly on the lookout for ...

UIDAI has partnered with Bengaluru-based GenAI startup Sarvam AI to integrate AI-powered voice interactions and fraud detection into Aadhaar services Under this partnership, Sarvam AI will deploy ...