The Reserve Bank Innovation Hub is collaborating with banks to use its Mulehunter.AI tool to detect financial fraud through mule accounts. This AI-powered tool has already shown better accuracy and efficiency than manual methods. The initiative aims to enhance technology in the banking sector and prevent cyber fraud, aligning with the government's emphasis on digital literacy.
from Tech-Economic Times https://ift.tt/jcKswSx
Subscribe to:
Post Comments (Atom)
OpenAI Foundation outlines $1 billion push, expands leadership team
OpenAI has committed at least $1 billion over the next year as part of recapitalisation efforts for its Foundation. The investment is aimed ...
-
AmpereHour Energy raised $5 million from Avaana Capital and UC Impower to expand manufacturing, R&D, and product development. The startu...
-
iCOPS will deliver a unified management experience across hybrid and multi-cloud operations with a focus on enhancing compliance and securit...
No comments:
Post a Comment