As businesses and banks look to defend against growing online threats, they often use a rules based approach or become too ...

Concerns grow in Boston University’s College of Communication as Turnitin, an AI and plagiarism detection tool, seem to produce a higher-than-reported false positive rate for student submissions. COM ...

Riskified's AI fraud-detection tool has helped TickPick, an online marketplace, approve more orders and boost revenue.

Turnitin’s AI writing–detection tool has a higher false positive rate than the company originally asserted, according to Annie Chechitelli, the company’s chief product officer. When the product was ...

The Binoculars researchers claimed a much lower false-positive rate with their new tool. The team said it's considering making Binoculars into a more useable product that could be licensed.

In this article, I want to explore AI applications in fraud detection within banking. AI significantly enhances fraud detection by reducing false positives and identifying complex fraud patterns ...

At Originality.ai, we clearly note that the false positive rate for our Lite model (which allows light AI editing) is 1% or lower and our Turbo model (which has a 0 tolerance for AI) is 3% or less.

While fraud detection continues to become more accurate, about 6% of e-commerce transactions were rejected due to suspicion of fraud and up to 10% of those are false declines.

CBN proposes AI Integration in AML solutions to Enhance Fraud Detection. ... The institution should define a predetermined threshold for false positives and ensure that the false positive rate ...