Brighterion
blog
Category: Acquirer & PSP fraud
Data quality for accurate AI fraud and risk scores
In the tech realm, the adage "garbage in, garbage out" underscores the importance of data quality. With an astonishing 120 zettabytes of data generated in 2023 alone, distinguishing between quality data and noise is more [...]
Navigating sophisticated transaction fraud trends in 2024
In the ever-evolving landscape of transaction fraud trends, one thing remains constant – criminal activities are focused on consumer trends for maximum return. The trend of increased online shopping and bookings has steadily increased since [...]
Industry perspectives on AI and transaction fraud detection
In today's rapidly evolving financial landscape, the rise of digital transactions and technological advancements has brought exciting opportunities and unprecedented challenges. As the world becomes increasingly interconnected, the threat of fraud looms large, demanding robust [...]
Fraud fight club comes to Fintech Nexus USA 2023
On May 10-11, 2023, fintech professionals from across the United States came together in New York City for Fintech Nexus USA 2023, a gathering of the brightest minds in fintech, to celebrate and discuss the [...]
2023 financial fraud outlook: How AI can combat new and upcoming schemes
Major industry players like Google and Amazon, as well as upstarts like OpenAI, released cutting-edge innovations that capitalized on AI’s revolutionary potential in 2022. But AI-powered security applications — which can detect transaction fraud, develop [...]