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Banks to use AI & machine learning to safeguard customers from financial frauds

Vishwadeep Khatri
in AI News & Two Lenses

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In a significant move to address the growing menace of digital financial frauds, the Department of Financial Services (DFS) has directed banks to adopt advanced technologies, including artificial intelligence (AI) and machine learning (ML), to safeguard customers from fraudsters.

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  • Vishwadeep Khatri changed the title to Banks to use AI & machine learning to safeguard customers from financial frauds

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