Prudential to use GenAI on medical claims
Life and health insurance provider, Prudential has partnered with Google Cloud to utilize its MedLM language models to enhance the ...
Tag: fraud
Seven tech breakthroughs in fraud detection for 2024
Partisia lists 7 technology breakthroughs in the fight against fraud. HKMA warns tech is not enough.
FinVolution invests in deepfake detection tech to fight deepfake and financial crimes
With the proliferation of deepfake-driven and AI-generated attacks in the financial services sector, FinVolution has significantly invested in deepfake detection technologies to fight against ...
1 in 4 Singaporeans worried about being scammedÂ
FICO's latest global consumer fraud research revealed that Singaporeans worry about being tricked into sending money to criminals (26%).  Moreover, 25% of ...
Every dollar lost to fraud in Hong Kong costs firms HK$3.64, study findsÂ
Organisations incur an average cost of HK$3.64 ($2.70 for retailers and $4.31 for financial institutions) for every Hong Kong dollar ...
Fraud networks expected to gain prominence
Sumsub’s internal research reveals that fraud ring crime approximately victimised one in every 100 users of a digital platform or service in 2023. ...
