Artificial Intelligence in fraud detection uses advanced machine learning algorithms to analyze vast data sets, detect anomalies, and identify suspicious patterns in real-time. AI-driven systems reduce the risk of human error and enhance the accuracy of fraud detection. By continuously monitoring and learning from data, AI helps businesses prevent financial losses and protect sensitive information more effectively.
Ankit Kumar is a tech enthusiast currently serving in an AI/ML Development company known as MoogleLabs. He is passionate about the world of emerging technologies and consistently works on expanding his knowledge to improve his understanding of the ever-changing IT landscape.
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