Anti-Fraud Strategies to Combat Payments Fraud in the Age of AI
- Webinar Date: May 7, 2024
- Time: 08:00 AM to 08:30 AM (CST)
- Presented by :
- Kevin Libby
- Rimma Kats
- Research Topic(s):
- Fraud & Security
- Fraud Management
In an era where artificial intelligence (AI) plays a pivotal role in both creating and combating financial fraud, understanding the dynamics of this landscape is crucial. Fraudsters are increasingly using AI to advance their schemes, with projections indicating AI-powered fraud could reach $10.5 trillion by 2025.
This webinar features Javelin's Fraud & Security Analyst, Kevin Libby, PaymentsJournal's Content Strategy Leader, Rimma Kats, and Galileo's Senior Director of Global Payments Risk Management, Max Spivakovsky. Together they offer an insightful look into how AI technologies equip banks and fintechs with the means to counter these threats effectively. This session provides a comprehensive overview of the current challenges and the innovative strategies being deployed to mitigate risks, minimize losses, and maintain customer-centric services.