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8 in 10 Financial Firms Investing in Security to Protect Them From Emerging AI Fraud Threats

The Fintech Times

When asked what kinds of fraud they were the victims of, the most common responses were: Credit card fraud (59 per cent) Identity theft and phishing (21 per cent) Employment scams (12 per cent) Investment fraud (10 per cent) “Millennials have embraced digital payments and mobile banking, which dominate how we access banking services today.

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