Explore the tangible benefits of AI-driven fraud detection, from improving operational efficiency and reducing false positives to mitigating risk.
Payment fraud is expected to continue increasing and is projected to cost $40.62 billion in 2027 – 25 percent higher than in 2020.
The introduction of real-time payment rails and new payment formats has transformed the ecosystem and further accelerated fraud risks.
In this webinar, our panel of experts explore the potential for AI-driven fraud detection to evolve with fraud risks and maintain pace with evolving fraud methodologies - in turn revolutionizing fraud prevention strategies. The panel consider:
- The problem, the challenge, and the outlook of fraud today.
- How AI algorithms can adapt, update and evolve to keep up with fraudsters, and identify illicit activities on an unprecedented scale
- The tangible benefits to organizations and consumers, and potential risks that need to be considered
This webinar is part of ComplyAdvantage's State of Compliance 2023 series that brings together industry experts from across the compliance sector for a hands-on look at key themes, complex challenges, and the latest trends.
From implementing scalable risk management practices to preparing for new data messaging standards, this seven-part webinar series is designed to equip compliance professionals with the knowledge they need to mitigate risk and gain a competitive edge in an ever-changing regulatory landscape.
Disclaimer: This is for general information only. The information presented does not constitute legal advice. ComplyAdvantage accepts no responsibility for any information contained herein and disclaims and excludes any liability in respect of the contents or for action taken based on this information.
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