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2 Minutes on Fraud: Episode 13 - “Why is Fraud an Artificial Intelligence Problem?”

There are multiple reasons why having artificial intelligence in your fraud prevention arsenal is a strong strategy. It is a difficult problem with very high stakes - you must have the correct risk assessments for every digital interaction. Lean to one side and you offend good customers, lean to the other and bad actors hurt your business. Additionally, fraud represents a very small fraction of all interactions - it's like pulling salt crystals from a pile of flour. The power of AI and machine learning when directed by fraud experts gives the edge needed to strike the perfect balance and shine a light on fraud.

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