AI in Banking
Detection, monitoring and investigation support.
Article · AI in Banking
As a banker, understanding how the Mixture of Experts (MoE) architecture enhances fraud detection requires diving into its technical workflow, data requirements, training processes, and implementation strategies.
Dato Arif Siddiqui · 9 Feb 2025
Article · AI in Banking
This article is based on Chapter 13 of my book, “Using AI in Banking.” The chapter discusses how AI is implemented in transaction monitoring.
Dato Arif Siddiqui · 1 Nov 2024
Article · AI in Banking
As global non-cash transaction volumes continue to rise, financial institutions face escalating costs in transaction monitoring.
Dato Arif Siddiqui · 27 Jul 2024
Article · AI in Banking
Fraud and scams, such as account takeover (ATO) and authorized push payment (APP), have become significant concerns for payment providers.
Dato Arif Siddiqui · 26 Jul 2024
Article · AI in Banking
U.S. Senator Richard Blumenthal, Chair of the Permanent Subcommittee on Investigations (PSI), led a hearing titled “Instant Payments, Instant Losses: Zelle and the Big Banks Fail to Protect Consumers from Fraud.” The…
Dato Arif Siddiqui · 25 Jul 2024
Article · AI in Banking
Credit card fraud remains a significant challenge for financial institutions worldwide. Traditional fraud detection methods have struggled to keep up with the increasingly sophisticated tactics employed by fraudsters.
Dato Arif Siddiqui · 10 Jul 2024
