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

in Industry Insights, Latest news

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…


ai Partners with Southampton University to Enhance Fraud Risk Strategy

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The ai Corporation (ai), an FCA approved expert in payments, fraud and risk management, and the University of Southampton (UoS), today announced the launch of a ground breaking research partnership, that aims to further improve fraud risk strategy automation through machine learning. The project will be funded by Innovate UK, the UK’s innovation agency, via a £100,000…


Tech Talk with ai CEO Dr Mark Goldspink

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Our CEO Dr Mark Goldspink visited economic and financial intelligence website The Banker, to take part in one of their Tech Talks, a series of interviews with key figures in global finance. Mark gave insight into why artificial intelligence is becoming an increasingly important tool in the fight against fraud. The conversation began around what Mark believes…