AI in Banking: Fraud Detection & Risk Management
AI is now central to fraud and risk in banking: models profile behavior and spot anomalies in milliseconds across cards, ACH, wires, RTP/FedNow, and channels, while case‑work copilots accelerate investigations—cutting losses and false positives when paired with rigorous model risk management and real‑time orchestration across rails. Criminals also use GenAI for scams and deepfakes, so … Read more