ACFE SAYS ANTI-FRAUD TEAMS WORLDWIDE ARE TURNING TO AI AND MACHINE LEARNING TO FIGHT SCAMS

The ACFE (Association of Certified Fraud Examiners) has released data predicting that the use of AI and machine learning systems in anti-fraud programmes is expected to triple worldwide over the next three years. There are also anticipated significant increases in the use of biometrics and robotics to fight fraud. The global anti-fraud body’s 2024 Anti-Fraud Technology Benchmarking Report, researched with software major SAS, found that following 1,187 survey responses last October (2023) from ACFE members in 111 countries, 83% of organisations expect to ...


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