A recent survey has found that about a third of accountants conceded they would not be able to recognize an AI-generated receipt if it came across their desk, a number that will likely grow higher as ...

Multiplying media reports and social-platform posts note the increased use of phony AI-generated restaurant, hotel, and transportation bills by less than upright employees, who ask their companies to ...

Along with the many benefits of artificial intelligence—from providing real-time navigation to early disease detection—the explosion in its use has increased opportunities for fraud and deception.

· AI tools like ChatGPT can now generate hyper-realistic fake receipts, presenting a new fraud risk to retailers, especially small and e-commerce businesses. · This threat is an evolution of synthetic ...

Seb Vanhecke, Chief Product Officer of European fintech Rydoo, has commented on on the rise in employee expense fraud due to AI-generated fake receipts and the end of the fiscal year causing finance ...

Phishing scams are getting smarter, and one of the latest tricks involves fake DocuSign emails that appear to show charges from major companies like Apple. At first glance, these fraud messages look ...

Years ago GE had a brilliant idea to cut down on employee expenses for all their field engineers. Instead of paying them a per diem for the multi month/year periods that they were working on foreign ...