How are Financial Firms Like Visa, Swift, Pay.UK and Mangopay Using AI to Combat Financial Fraud?
The Fintech Times
JUNE 1, 2024
Fraudsters continue to pose huge issues for the financial sector across the globe. UK Finance recently revealed that criminals stole over £1billion in 2023 alone. Even worse, the fraud landscape shows no signs of improving, as bad actors increasingly utilise AI to increase the damage done to financial organisations. However, many of the largest financial organisations worldwide are actively investigating measures to counteract these threats.
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