Tommy Nicholas

CEO, Alloy

Tommy Nicholas is the co-founder and CEO of the identity risk management company Alloy. He is on X at @tommyrva.

Artificial intelligence

Bankers think AI is an anti-fraud lifeline. They're gravely mistaken.

Generative AI is exciting, but has limited fraud-busting utility. Instead of rushing to implement gen AI-powered anti-fraud initiatives, banks should focus on strengthening their existing security measures.

By Tommy Nicholas

July 31