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Tyler Driscoll

AI’s role in fighting global payment fraud [Part 4]

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Consumers Remain the Weakest Link

Despite high confidence in spotting scams, most people still engage with fraudulent messages, and many fall victim. This places financial institutions under growing pressure to balance friction-less customer experience with robust fraud controls.

AI as a Legal and Commercial Safeguard

AI-driven behavioural analytics allow banks to identify abnormal transactions by understanding what “normal” looks like for each customer. Properly deployed, this reduces false alarms, protects consumers, supports compliance, and strengthens trust in the financial system.

Protect Consumers - Enable Compliance - Build Trust

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