How can AI help detect fraud in international payments?
An example of an AI chatbot conversation about detecting fraud in international payments.
How can AI help detect fraud in international payments?
AI can analyze transaction patterns, flag anomalies, and learn from historical data to identify potential fraud.
What specific techniques does AI use for this?
Techniques include machine learning algorithms, neural networks, and predictive analytics to assess risk.
Can AI adapt to new fraud tactics over time?
Yes, AI systems can continuously learn and adapt by updating their models with new data and trends.
What are the limitations of using AI for fraud detection?
Limitations include false positives, reliance on quality data, and the need for human oversight in complex cases.
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