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Greg Woolf

CEO
Fiverity
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Greg Woolf

Beyond The Blackbox: Elevating Fraud Detection with Transparent Risk Scoring

Technology has a vital role to play as financial institutions fight back against fraudulent activity, which continues to grow—Alloy's Annual State of Fraud Benchmark Report, 91% of respondents said that fraud rates have increased at their organization year-over-year. While solutions are available that help identify fraud, many lack visibility in...

13 September 2023 /regulation /crime Exposing Financial Crime

Greg Woolf

The Rise of the Digital Catfish: How ChatGPT and Deep-Fake Personas are Changing Financial Fraud

The emergence of artificial intelligence (AI) has given rise to a troubling new type of fraud that is extending digital impersonation beyond just dating platforms and reality TV and into the financial realm. Right now, fraudsters are increasingly using tools such as ChatGPT and Generative AI to create deep-fake personas, which they use to deceive ...

07 August 2023 /security /crime Transaction Fraud Systems and Analysis

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  • financial crime

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