Does Artificial Intelligence Help Fight Financial Fraud?

  • “Financial services are one of the sectors where AI and machine learning are impacted. When it comes to fraud, cyber-criminals try their best to access customer accounts. AI and machine learning can protect companies and individuals from such attacks.
  • How AI and machine learning technologies fight against the growing fraud threat?
    • Accurate data analysis
    • Early detection of fraud attack
    • AI stops nuanced abuse attacks
    • Frees up, fraud analysts
    • Reduction of false positives
    • AI reduces the friction customers’ experience.
    • Effective attack detection
    • Achieve regulatory compliance”

    https://www.google.com/amp/s/readwrite.com/2020/01/16/does-artificial-intelligence-help-fight-financial-fraud/amp/

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