Internet fraud is a menace in our various financial institutes, and many fintech companies have been victims of this fraud game. Detection ... foresee fraud using AI and machine learning ...

The federal government’s bet on using artificial intelligence ... Instead, the fraud detection efforts rely on machine learning, the subset of AI that excels at analyzing vast amounts of data ...

fraud detection models can be updated to spot those red flags, but that doesn’t always help users that were already affected. “With typical machine learning, you need to train it on something ...