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While insurance companies are increasingly concerned about emerging fraud challenges in the digital space, an industry expert suggests they focus more on the basics for now. “We have not found that ...

Fake number plates, imaginary watches and exaggerated damage have all been found in AI-generated insurance claims.

Financial fraud loss is on the rise. In 2024, 40% of financial institutions saw an increase in fraud-related losses compared to 2023. The cost of fraud loss for financial institutions goes beyond ...