industries: Banking

Can AI Outsmart Fraudsters? The Future of Cybersecurity in Banking

Can AI Outsmart Fraudsters The Future of Cybersecurity in Banking

Financial institutions lost around $4.7B to fraud in 2023 alone. But here’s what’s more interesting is that 83% of these attacks used AI techniques. Welcome to banking’s new battlefield, where code fights code and algorithms face off against algorithms. Financial Fraud in the Digital Age The days when fraud detection meant looking for suspicious IP… Read More

Reshaping Banking and Financial Services with Applied AI

Reshaping Banking and Financial Services with Applied AI

The global financial landscape has undergone a whirlwind of transformation and modernization. From ATMs in the ’60s and the advent of online banking in the ’90s to peer-to-peer lending platforms in the mid-2000s and the onset of mobile banking apps in 2011, the financial services sector has consistently embraced technology to reshape its operations and… Read More