| Advancement of AI and Machine Learning in Fraud Prevention | In June 2020, Visa announced the launch of a digital tool that would help the US financial services institutions with their efforts to counter new account fraud. According to Visa, new account frauds are estimated to be around $10 billion a year. What is that tool, and why is it needed? In this article, we explore what is new from the AI and ML desk to help FIs in fraud detection and prevention. | | | | An exclusive, invite-only thought leadership event featuring leading fintech startups, influencers and leaders who will discuss on the latest innovations and trends in the fintech space. | | |
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