ReportWire

Why FIs should invest in fraud detection

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As quickly as financial institutions implement gen AI to speed manual back-end processes and consumer-facing operations, bad actors are using the technology to streamline fraud efforts.  Fraud within financial services is expected to rise 153% to $58.3 billion by 2030, up from $23 billion in 2025, according to a Juniper Research study released Aug. 18.  […]

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Whitney McDonald

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