ED uses AI, data analytics to identify fraud victims, speed up investigations, and recover assets in complex financial crimes ...

In today's digital landscape, where transactions occur instantaneously, ensuring security has become a top priority for businesses. One innovative method gaining momentum in fraud detection is the use ...

Kara Wente of the Ohio Department of Children and Youth said the agency monitors certain data points and follows up on outside referrals of suspected fraud.

It is widely recognized that deceiving investors is the bread-and-butter of a Ponzi Scheme [1]. However, the term “investors” often conjures images of Shark Tank or Wall Street – and this is far from ...

A recent report from the Association of Certified Fraud Examiners estimates that occupational fraud costs almost $200,000 per incident. Unmonitored supply chains, underlying inventory assets, a host ...

CLARA Analytics (“CLARA”), a leading provider of artificial intelligence (AI) technology for insurance claims optimization, today announced the launch of a groundbreaking new fraud detection product ...

Fraud detection is no longer enough to protect today’s financial ecosystem. As digital transactions increase in volume and complexity, banks require intelligent systems that can assess risk with ...

IN BRIEF Fraud risk management has become increasingly important in the current business environment. How CPAs can best apply ...

Editor’s note: This is the third article in a four-part series that is part of a larger initiative the AICPA Auditing Standards Board (ASB) has undertaken to understand and support technology use in ...