Financial fraud detection systems get smarter with AI

Fintech risk management systems are getting a makeover. By adding machine learning technologies to their traditional rules-based fraud management systems, banks hope that they can do better at catching real criminals while declining fewer legitimate credit card transactions. ML technologies, though, have their own gotchas.

https://www.hpe.com/us/en/insights/articles/financial-fraud-detection-systems-get-smarter-with-ai-1907.html