How Fintechs Use AI for Real-Time Expense Fraud Detection

Fintech Conversations with Fexingo: Banking, Payments, and Financial Software Companies · Jul 1, 2026 · 7m · transcript

In this episode, Lucas and Luna dive into how fintech companies are leveraging artificial intelligence to detect expense report fraud in real time. They explore the specific case of AppZen, a platform that analyzes millions of receipts and invoices for anomalies, saving companies like Amazon and Salesforce millions annually. The conversation covers how natural language processing and computer vision flag duplicate submissions, out-of-policy spending, and fabricated receipts. Lucas explains the cost to businesses: around 5 percent of annual revenue lost to expense fraud, according to the…