A robust and interpretable ensemble machine learning model for predicting healthcare insurance fraud
Abstract Healthcare insurance fraud imposes a significant financial burden on healthcare systems worldwide, with annual losses reaching billions of dollars. This...
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Deepfakes: The Next Frontier of Fraud for Insurers and How to Fight Back
You can’t browse LinkedIn or attend an insurance conference nowadays without encountering discussions about ‘deepfakes’. And for good reason – this...
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Deepfake detection software helping insurers fight fraud
With the ease of creating convincing deepfake images and even videos threatening to increase insurance fraud, a Utah-based software company is...
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18 cyber fraudsters arrested by Hyderabad police
Eighteen people, who were allegedly involved in as many as 319 cyber fraud cases across the country including Telangana, were arrested...
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New ammo in the fight against insurance fraud
As soon as new technologies emerge, fraudsters are finding ways to exploit them. But insurers can also use this new tech...
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Artificial intelligence: who are the leaders in insurance fraud detection AI for the insurance industry?
The insurance industry continues to be a hotbed of patent innovation. Activity is driven by digitalization, personalization, and growing importance of...
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Experts highlight proactive insurance fraud prevention that combines tech, human expertise
Eduard Sargsyan and Brian Wu stressed that whilst advanced technology can increase efficiency, human expertise offers contextual knowledge to complement tech’s...
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How generative AI is reshaping conversations around liability
As the regulators struggle to keep pace with how quickly generative AI (genAI) is evolving, the question of liability takes centre...
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Authorities arrest man allegedly running ‘likely world’s largest ever’ cybercrime botnet
An international law enforcement team has arrested a Chinese national and disrupted a major botnet that officials said he ran for...
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Can GenAI change the perception of insurance?
It’s no surprise that clients typically only think about insurance when they need to make a claim. Unlike tangible products, insurance...
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