The fuel industry is constantly changing, driven by new technology and consumer behaviour shifts. While electric vehicles mark a fundamental change in energy use, the immediate challenges and opportunities for forecourt operations and payment systems continue to evolve. Generative AI (GenAI) is emerging within this dynamic environment as a technol...
23 June 2025 /ai /payments Artificial Intelligence
Why Leveraging Diverse Data Enhances the Chances of Detecting Fraud Fuel retailers are increasingly grappling with the escalating threat of payment fraud, driven by the proliferation of compromised data on the dark web and the emergence of sophisticated fraudulent tactics. While many fraud detection systems employ advanced technologies and strat...
15 October 2024 /ai /crime Transaction Fraud Systems and Analysis
Fighting fraud is like playing a game of cat and mouse. But what if the 'mouse' could learn the cat's every move? Machine learning in fraud detection creates a system that constantly gets better at spotting fraudulent transactions, no matter how the fraudsters try to disguise them. This technology has been around for a while, with the first system...
29 July 2024 /ai /crime Artificial Intelligence and Financial Services
Generative AI (such as OpenAI's ChatGPT) has generated an explosion of interest as numerous sectors have started understanding its unique capabilities for generating content based on simple prompts. There is much discussion about whether this new generation of AI will replace many skilled jobs, and at a basic level, it seems capable of doing so - ...
10 August 2023 /crime /predictions Artificial Intelligence and Financial Services
The possible applications of generative AI have been explored by many in recent weeks. However, one major unexplored topic is how fraud analysts can use data created by generative AI to augment and improve their fraud detection strategies and the implications of using synthetic data to train fraud models and improve detection rates. It is well k...
03 July 2023 /crime Artificial Intelligence and Financial Services
Generative artificial intelligence (AI) has already had a pervasive impact on our lives, with many experts sharing their opinions on the technology’s industry changing commercial potential and how it might be used in future. I recently shared my thoughts on how the technology would change the payments industry, but while there are many positive ap...
09 March 2023 /payments /crime Exposing Financial Crime
The payments industry makes extensive use of AI/ML technologies in a wide range of applications – including targeted marketing, process automation and customer profiling. The use of AI and ML in fraud prevention is particularly common, as it enables fraud prevention teams to scour large amounts of transaction data to identify fraudulent behaviour ...
19 January 2023 /payments /predictions Artificial Intelligence and Financial Services
The fraud tool landscape is changing. Fraud managers are looking for more and more ways to optimize their operations as rising digital payments increase the strain on many fraud detection systems. The use of machine learning (ML) and artificial intelligence (A.I.) has become common in many fraud detection strategies. Many organizations have seen h...
10 May 2021 /security /crime Artificial Intelligence and Financial Services
Jonathan HancockHead of Product & Innovation at The ai Corporation
Luke MathewsFraud Strategy Manager at The ai Corporation
Leon Du PlessisKey Account Manager for MEA at The ai Corporation
Piers HorakCEO at The ai Corporation
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