Banks to spend additional $31 billion on 'artificial intelligence' to reduce frauds - Shahpur Turk CSC - Common Service Centre in Sonipat Banks to spend additional $31 billion on 'artificial intelligence' to reduce frauds

11 August 2022

Banks to spend additional $31 billion on 'artificial intelligence' to reduce frauds

Banks worldwide are expected to spend an additional $31 billion on artificial intelligence (AI) embedded in existing systems by 2025 to reduce fraud, according to a report.

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