Empirical Evidence of the Benefits to an Outsourced Fraud Management Solution

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ai’s CEO, Mark Goldspink, recently posted an article about zero ambiguity fraud management which discussed the problem with accountability based on varying operational business models. Since then, an analysis has been carried out on one existing client to review long term rule performance. This charted the rule creation activity and rule durability over time since…


ai Joins Movement to Shine a Spotlight on Fraud

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The International Fraud Awareness Week kicks off Nov. 11, 2018 worldwide Fraud costs organizations worldwide an estimated 5 percent of their annual revenues, according to a study conducted by the Association of Certified Fraud Examiners (ACFE). The ACFE’s 2018 Report to the Nations on Occupational Fraud and Abuse analysed 2,690 occupational fraud cases that caused…


ai Opens Future Solutions Research Lab

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The ai Corporation have opened a research lab focused on researching solutions to power the next generation in payment and risk management. This will enable the team to experiment with cutting edge techniques and to develop unique machine learning algorithms to drive innovation in the payment processing and risk protection of tomorrow. The team, led…


Evolution at the coalface: The future role of fraud operations

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The potential impact and role of Artificial Intelligence (AI) is undeniable. We increasingly see highly repetitive tasks moving from human manual labour, to machine-based automation. Fraud prevention is often labelled as one of the ‘quick wins’ for AI, and there is no dispute that the technology’s use is driving better detection. However, AI is also…


Citizen Data Scientists – Are we there yet?

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Artificial Intelligence is a field that captures the imagination in the press and the public domain, with a vision of machines supporting us in everyday life. But how close are we to that in everyday business life? The answer is very close, but with one key intermediary step. Back in 2016, Gartner coined the term…


The ai Corporation re-approved for e-money licence by the Financial Conduct Authority (FCA)

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ai’s suite of payment and state of the art machine learning risk management solutions granted e-money licence The Royal Bank of Scotland (RBS) also re-approve ai for Money Services Business (MSB) status Payment, fraud and risk management experts, The ai Corporation (ai) and its suite of payment and fraud prevention solutions, including machine learning risk…


The ai Corporation scores $2.5 million in growth capital

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Managed expertise in fraud and payments

The ai Corporation today disclosed that it has secured a $2.5 million investment from its principal existing shareholders, to support its next stage of growth. With recent investments in services delivery and product development, as well as global expansion, ai has grown its team and is experiencing growth of more than 36 percent year-on-year. ai…