Benefits and challenges of using ai in fraud detection

Assignment Help Basic Computer Science

Reference no: EM133930316

QUESTION

Detecting fraud in a dynamic global corporate environment with an overwhelming quantity of traffic and data to monitor can be difficult. Banks are finding that artificial intelligence (AI) for fraud detection is fast, effective and efficient. Critically discuss any two (2) benefits and two (2) challenges of using AI in fraud detection.

Reference no: EM133930316

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