fraud detection

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Aviva deploys AI to stop £230M in sophisticated insurance fraud

Aviva has uncovered a record £230 million in insurance fraud claims and is using AI tools to counter the growing problem. The battleground has changed, and the culprits are also coming armed with a new generation of tools. We’re now in an environment where AI is being used not just to defend against fraud, but […]

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From fraud detection to fraud resolution: Building an AI voice agent with SAS Viya and LLMs

Learn how an AI voice agent built with SAS Viya and LLMs can transform fraud detection into real-time, automated fraud resolution through customer interaction and governed decisioning. The post From fraud detection to fraud resolution: Building an AI voice agent with SAS Viya and LLMs appeared first on SAS Blogs.

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Mastercard keeps tabs on fraud with new foundation model

Mastercard has developed a large tabular model (an LTM as opposed to an LLM) that’s trained on transaction data rather than text or images to help it address security and authenticity issues in digital payments. The company has trained a foundation model on billions of card transactions, with the intention of expanding to hundreds of

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