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Visa raises GenAI shields against frauds

Dataconomy

The issue of identity fraud is intensifying, partly due to the availability of sophisticated AI tools that cybercriminals can utilize. However, these same tools are also employed by financial institutions and cybersecurity firms to combat fraud.

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Leading the way: How AI in FinTech is paving the way for a better future

Data Science Dojo

AI in FinTech is like having a financial expert who never sleeps, never gets tired, and never complains about coffee. However, with the explosion of data and the advent of new technologies, the industry is starting to embrace the use of artificial intelligence (AI) to manage and analyze this data.

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AI and data visualization: Powering the intelligence cycle

Cambridge Intelligence

AI and data visualization can do a lot of the heavy lifting for analysts and investigators working with connected data – helping them detect, understand and even predict risks and threats. But if AI can analyze information – why visualize data? And if AI can make recommendations, does that let humans off the hook?

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Promising Benefits of AI in the Financial Technology Market

Smart Data Collective

Artificial intelligence (AI) is all the rage now. One of the critical industries AI is making strides in is the financial technology “fintech” industry. AI now plays a significant role in facilitating financial services, replacing what required manual work a few years ago. AI in fintech is here to stay.

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FraudGPT: Scammers’ secret to stealing your data

Dataconomy

Not just IT businesses are rushing to develop chatbots with AI. According to the latest news, a developer has created a harmful AI chatbot named “FraudGPT,” which lets people conduct malicious activities. Malicious AI chatbots can become a huge issue in the near future ( Image Credit ) What is FraudGPT?

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JotBot AI: From AI’s words to your pen

Dataconomy

JotBot AI may be the best writing assistant you can imagine. Look no further than JotBot AI, the revolutionary writing assistant that utilizes state-of-the-art machine learning and Language Style Matching (LSM) technology to analyze and recreate your writing style, tone, sentence structure, and preferences.

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AI Underscores Passwordless Authentication Risks for Internet Users

Smart Data Collective

AI technology has been a double-edged sword for the cybersecurity sector. billion on AI-driven cybersecurity solutions by 2026. However, there are a lot of threats posed by AI as well. However, there are a lot of threats posed by AI as well. AI has also led to new discussions about the role of passwords.

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