Use of Artificial Intelligence to detect fraud set to triple by 2021: Survey

  • “While only 13 percent of organizations use AI and ML to detect and deter fraud, another 25 percent plan to adopt such technologies in the next year or two
  • Similarly, about half of organizations anticipate employing predictive analytics/modeling (52 percent and up from 30 percent as of today) and data visualization (47 percent from current 35 percent).”

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