LexisNexis Risk Solutions releases its annual Cyber crime Report, an analysis of over 104 billion global transactions in the LexisNexis Digital Identity Network platform during 2024. The report, ‘The Calm Before the Storm?’, shows a significant swing in the composition of global fraud attacks,…
The use of AI in fraud detection
AI has rapidly progressed from an undeveloped concept to a highly effective technology with seemingly endless possibilities. Adopting AI technology allows businesses to improve efficiency, functionality, and quality of service through multiple avenues, including effective fraud detection. AI’s potential is…