78% of Global Businesses Using AI to Combat Fraud - Credit Connect

78% of global businesses using AI to combat fraud - Credit Connect

Global business and technology leaders are already seeing benefits from the use of AI and automation, with over three-quarters (78%) reporting measurable improvements in the ability to detect fraud and manage risk after their organisation’s integration of the technology, according to research by FIS in collaboration with Oxford Economics. To combat this disharmony, businesses across a range of industries are adopting AI, with 56% of the leaders …

EU Parliament: more AI to combat VAT fraud

As governments around the world increasingly turn to artificial intelligence (AI) to combat VAT fraud, the European Parliament is calling for the European

More and more companies are dedicated to detecting and eliminating counterfeits, often also created with AI.