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How Is AI Used in Fraud Detection?

The Wild West had gunslingers, bank robberies and bounties — today’s digital frontier has identity theft, credit card fraud and chargebacks. Cashing in on financial fraud has become a multibillion-dollar criminal enterprise. And generative AI in the hands of fraudsters only promises to make this more profitable. Credit card losses worldwide are expected to reach Read article >

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Posted: December 13, 2023 |  By: Wissen Schwamm
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