SWIFT will launch an artificial intelligence-based fraud detection service News ad

SWIFT will launch an artificial intelligence-based fraud detection service

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Global banking cooperative SWIFT plans to launch in 2025, launching fraud detection capabilities using artificial intelligence. The new feature will give financial institutions more accurate information about potential fraudulent activity in real time. Fraudulent attacks using AI-generated deepfakes impersonating high-ranking executives and AI-generated synthetic identities are only on the rise. According to SWIFT, the global … Read more