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 ...

An organization's processes to halt financial misconduct may be strong, but if compliance and audit teams aren’t analyzing transaction-level data, ...

Payments risk management has evolved significantly, shifting from simple rules-based systems to sophisticated machine learning (ML) models that enable businesses to better detect and mitigate fraud.

The Central Bank of Nigeria (CBN) has introduced stricter Bank Verification Number (BVN) enrollment and data access rules to prevent fraudulent transactions in the financial system. The policy plan, ...

Abstract: Fraud in supply chain operations poses significant risks to businesses, including financial losses, operational inefficiencies, and erosion of stakeholder trust. With the increasing ...

With AI technology, payment fraud and fraud prevention have become more complex and sophisticated. Both financial data owners and businesses that accept illegal payments are directly affected by ...