FIs deploy AI to fight digital-asset related fraud

Financial institutions are cautiously deploying AI to crack down on fraud associated with digital assets.  Crypto-related scams, ransomware, darknet markets transactions and money laundering cost financial institutions $154 billion in 2025, a 162% increase from 2024, according to blockchain company Chainanalysis’ Jan. 8 report. Banks…

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Bluevine’s AI chatbot resolves 80% of customer queries

Bank services provider Bluevine is seeing improved customer experience and efficiency through deployment of AI.  Chief Product Officer Herman Man told FinAi News Bluevine uses AI to provide its small and medium-sized business clients with:   Fraud monitoring;   Software development;  Customer assistance and servicing; and   Aiding the underwriting process.   “We’re…

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