There are various types of business strategies for the organisations to optimise revenue by triggering consumers purchasing decision and providing services or products to customers with alternative payment options. Offering debt in the form of loans is one of the business strategies for the banks to gain interest by compensating the risk of defaults. On […]
The rapid evolution of artificial intelligence (AI) has introduced new capabilities into enterprise setups. While Generative AI (GenAI) has transformed content creation and Predictive AI has provided data-driven foresight, the emergence of Agentic AI raises an important question: Is Agentic AI replacing these AI types, or is it complementing them? To answer this, let’s explore […]
In recent years, AI has become a commonly use technology in enterprise, it’s no longer about why AI replace jobs, but is about how AI enhances daily workflows and bring measurable benefits across business operations. The rapid pace of AI advancements has introduced various types, including AI (called Traditional AI or Predictive AI nowadays), Generative […]
“Government is strengthening measures for bank fraud prevention/ security for digital banking…”, I bet you have seen this somewhere in news or press release during the recent years for sure. As the threats of fraud continue to evolve all around the world, it’s becoming increasingly clear that traditional methods of fraud detection are no longer […]
Asian banks were discovered to be highly vulnerable to fraud as most of them have low fraud insight accuracy, with their fraud detection false alarm rate above 80%, serving as a wake-up call to beef up their fraud detection and management measures…
Frauds and compliance issues are on the rise with each passing year which has become a serious hidden threat to organisations since the business trends and consumer behaviours are shifting online. The exponential increase in online and virtual activities makes organisations more vulnerable to fraud especially for organisations that deal with a massive amount of […]