Veryfi has announced the general availability of its new Fraud Detection & Prevention Suite. The company, which specializes in AI-powered document intelligence, designed the platform to operate as a configurable, API-first solution.
The suite is intended to identify fraudulent documents, including checks, invoices, and receipts, in real time. It is built to integrate into various business workflows, specifically targeting applications in expense management, accounts payable, and identity verification.
By leveraging AI to process and authenticate documents, the platform aims to assist organizations in mitigating fraud risks within these operational areas.
Source: Finextra
Original article: https://www.finextra.com/pressarticle/111219/veryfi-launches-ai-powered-fraud-prevention-tools?utm_medium=rssfinextra&utm_source=finextrafeed
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