2025 June SAFE Educational seminar

Attend this seminar to earn credits to renew your SAFE membership for 2024 and renew your CFDE certification.

Topic: The High-Stakes Duel Between AI Fraud vs AI Detection

Speaker: Stephen Thwaits

Bio

Stephen Thwaits, SVP of Global Solutions at AuthenticID, boasts over two decades of expertise
combatting fraud, particularly in designing fraud decision models leveraging thousands of
indicators to thwart ID document fraud. Having earned a Certified Fraud Examiners (CFE)
credential, Stephen has honed his skills in aligning risk and crafting mitigation algorithms and
developing fraud prevention strategies.

Stephen’s broad industry background, spanning Finance, Consumer Services, Retail, and Life
Science & Health Services, showcases his strong business acumen in technology-based services,particularly in IT and fraud risk governance and auditing. His hands-on involvement in both operational and strategic aspects of technology projects has equipped him with a deep
understanding of their interconnected nature, positioning him as a valuable asset in navigating
complex technological landscapes.

Abstract

In today’s digital age, artificial intelligence (AI) has become a game-changer for fraud detection, empowering businesses to spot fraudulent activity with speed and precision. However, the rise of AI driven fraud presents a new and growing challenge. Fraudsters are increasingly leveraging AI technologies to create more sophisticated scams, making it harder for traditional detection  systems to keep up.

We explore the rapidly evolving landscape of AI in fraud detection. You’ll learn how AI is being
used by both fraud fighters and fraudsters, creating a high-stakes duel in the fight against fraud.

Key Takeaways:

• • Learn how AI tools are being used to identify fraud in real time and enhance security measures.
  • Discover the new AI-driven tactics employed by fraudsters.
  • Uncover key challenges faced by businesses and individuals in detecting AI-powered fraud.
  • The future of fraud detection: What’s next in the duel between fraud prevention and fraud creation?