AI Fraud Prevention Statistics for 2026
Artificial intelligence and the new tools based on it that are hitting the market every new day are starting to have...
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5 artificial intelligence scams targeting you right now
There’s no doubt that artificial intelligence (AI) is changing the world we live in. That includes the methods used by scammers...
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AI is helping banks save millions by transforming payment fraud prevention
AI’s double-edged impact on payment fraudThe estimated global financial impact of fraud grew to more than $485 billion in 2023 —...
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Axle and Experian partner to boost auto fraud detection
Axle, a provider of a universal API for insurance data, has announced a strategic collaboration with Experian, a global data and...
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Medicare launches pilot program using AI to approve or deny treatment claims
Medicare has launched a six-year pilot program that could eventually transform access to health care for some of the millions of...
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Equifax Introduces Enhanced Synthetic Identity Fraud Detection
Equifax® (NYSE: EFX) announced the launch of Synthetic Identity Risk, a next-generation fraud detection product that leverages AI capabilities to help businesses identify and prevent synthetic identity fraud,...
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Use of AI-Generated Images for Fake Insurance Claims and Other Frauds
In 2026, companies and individuals conduct many important transactions using images of objects or documents, rather than the original items themselves....
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AI tools drive new NZ fraud patterns: voice clones, deepfakes and fake sites surge
AI tools are driving new fraud patterns in New Zealand, changing how scams are carried out across voice, video, web, and...
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Kenya’s insurance industry fast-tracks claims with AI adoption
Kenya’s insurance sector is rapidly embracing artificial intelligence (AI) to make customer services faster, reduce delays, and streamline claims payments. The...
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Cyber Fraud Ring Busted: Cancer Patient Fell Victim
Four individuals have been apprehended for defrauding a cancer patient of Rs 1.30 lakh by posing as insurance officials. The accused...
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