Fraud is a significant cost factor for many industries and includes theft, money laundering, terrorist finance, and other crimes. Every payment stream is potentially subject to potential fraud, which is compounded by the fact that most payment transactions are today done digitally. This short vlog is about AI fraud detection and how it has become increasingly more important for B2C and B2B businesses. This is a snippet of a longer webcast “AI-Driven Fraud Detection – The Viable & Future Proof Solution” which we have available to watch on demand.
In this webcast, hosted by AI experts Maxime Dehaut, Lead Architect, Codit Luxembourg, and Frank Roessig, Head Cloud Apps, Data & AI, Telindus Luxembourg, you’ll learn why financial institutions are embracing AI-Driven fraud detection as a key component in their strategy to mitigate fraud.
In this webcast you will learn:
- The main digital tools to mitigate fraud.
- Rule-based tools can be augmented by Machine Learning. How does this work? What are the advantages?
- Insights on how to implement ML-driven fraud monitoring solution.
- The challenges when working with AI-Based Fraud Management solutions.
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