Banks and financial institutions are increasingly utilising artificial intelligence (AI) technology for a plethora of reasons, such as credit scoring to assess a borrower’s risk more accurately or for enhancing customer service with virtual assistants. But one of the most important use cases of AI is in the fight against fraud and money laundering.
https://thefintechtimes.com/how-artificial-intelligence-is-helping-finance-firms-in-the-fight-against-fraud/