3rd World Congress on Smart Computing
(WCSC2026)

Organized by  

Soft Computing Research Society

in Association with 

International Auditors for Digital and Data Management Association, Bangkok Thailand

Venue

Novotel Bangkok on Siam Square, Bangkok, Thailand

January 10-11, 2026 

The after-conference proceeding of the WCSC 2026 will be published in Springer Book Series, ‘Lecture Notes in Networks and Systems’.

Srikumar Nayak

Fraud Detection in Financial Transactions with AI & ML

Abstract:

As the landscape of financial transactions evolves, so too does the complexity of fraud detection. The keynote discusses the "Fraud Detection in Financial Transactions with AI & ML" with a forward-thinking approach that merges intelligent automation with adaptive learning algorithms to effectively identify suspicious transaction patterns. This talk will explore robust predictive model utilizing guided training methods, which include logistic classification, tree-based models, ensemble forests, and support vector machines. Additionally, this talk will discuss how to harness the power of advanced learning architectures, particularly artificial neural networks, to systematically classify transactions and determine their legitimacy, thereby distinguishing between normal and potentially fraudulent activities.

Finally this talk will explore the methodologies, technological frameworks, and expected outcomes of the various AI models, emphasizing the significant impact that AI and ML can have on creating safer financial transaction environments. Join us as we pave the way towards a more secure future for digital finance.

Profile:

Srikumar Nayak is a engineering design and innovation Leader at Incedo Inc (a pioneer in AI and ML augmented financial crime solutions). His primary area of expertise is  real-time AI, machine learning, and behavioral analytics  solutions for financial institutions to combat financial crime, prevent fraud, and ensure regulatory compliance, supporting large web of financial networks constellations with systems engineering and complex technical architecture across borders ranging from Enterprise Fraud Management, Scam Detection, disrupting money mule networks  to  Financial Markets Compliance solutions based on Generative AI. During his career supporting the Financial Institutions and government, he has worked with the FinCEN , OCC and intelligence community programs. Srikumar has secondary areas of expertise in both IT and OT cybersecurity, risk, and compliance, supporting the nation's critical financial infrastructure.