This week, Fraud.net was presented with multiple awards from Wealth & Finance. Our fraud detection software was awarded “Best A.I. Driven Fraud Prevention Tech Platform – USA”. Our product Email AI (Email Shield) was also granted “Most Innovative Invoice & Wire Fraud Detection Solution”.

Of Fraud.net’s software, Wealth & Finance wrote “this outstanding platform is one of the most innovative and up-to-date […] it
makes superb use of cognitive computing and deep learning, collective intelligence, rules-based decision engines, and streaming analytics to detect fraud in real time. However, utilizing this data is about more than just having it. There also needs to be easy and transparent presentation of the data, statistics, and contextual variables to help organizations simultaneously reduce risks and optimize business processes. Enterprises can […]successfully defend against different types of fraud through one unified solution.”

 

Read the full press release.

fraud news

 

About the Awards

The Artificial Intelligence Awards have been launched to acknowledge exemplary performance and innovation to those companies and key individuals involved within this rapidly evolving market. From streamlining operations to informing better decision making, technology clearly has the potential to revolutionize the future. With technology developments, AI can be applied to nearly every sector.
The rise of chatbots and virtual assistants are also a result of artificial intelligence. Amazon’s Alexa, Apples’ Siri, Google’s Home and Microsoft’s Cortana are all using AI-based algorithms to help make life better. This year we will take into consideration every industry, from healthcare, automotive, financial services, logistics, cybersecurity and more.

About Wealth & Finance

Wealth & Finance International is dedicated to providing fund managers and institutional and private investors around the world with the latest industry news across both traditional and alternative investment sectors.

Distributed each month to more than 130,000 high net worth and ultra-high net worth individuals, fund managers, institutional investors and professional services firms, Wealth & Finance International has rapidly become the go-to resource for those looking to make the right decisions when it comes to securing and growing their wealth.