AI helps FIs verify identities, weed out fraud
Timble AI, Fivecast use cell phone, social media data to spot imposters
As bad actors increasingly use AI to create fraudulent identities, FIs are similarly using AI solutions to uncover risky transactions. “You need to employ AI for defense,” Dhananjay Goel, founder and chief executive of verification and risk-management technology firm Timble AI, told FinAi News. “You need to be able to also use AI to detect […]
