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AI’s role in fighting global payment fraud [Part 2]

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AI Cuts Both Ways

Artificial intelligence has become a double-edged sword. Criminals deploy deepfakes, voice cloning and social engineering to create highly convincing scams. At the same time, financial institutions are increasingly relying on AI to detect, prevent and respond to fraud in real time.

Instability Fuels Fraud

Economic pressure and geopolitical instability create fertile ground for scams. Fraud spikes around events such as shopping seasons, travel disruptions and government support schemes. These conditions are unlikely to ease, meaning fraud risks will remain elevated for the foreseeable future.

Protect Consumers - Enable Compliance - Build Trust

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