The Role of Generative AI in Fraud Detection and Risk Management

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2025-01-02 11:53:47

Artificial intelligence (AI) is revolutionizing how financial institutions combat fraud and manage risk in the fast moving world of finance. This transformation is led by generative AI, a subset of AI that can generate new data from existing datasets. With these capabilities to detect fraud in banking using AI this technology becomes unparalleled, with the means to sift through huge datasets...

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