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AI for Fraud Detection to Triple By 2021 – Study

Only 13% of organizations use artificial intelligence (AI) and machine learning to detect and deter fraud, another 25% plan to adopt such technologies in the next year or two – a nearly 200% increase. This was revealed by fraud examiners and other anti-fraud tech trends in a cross-industry, in a survey by the Association of Certified Fraud Examiners (ACFE) in collaboration with SAS.

Anti-Fraud Technology

The report titled, Anti-Fraud Technology Benchmarking Report examines data provided by more than 1,000 ACFE members about their employer organizations’ use of technology to fight fraud.

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Jyoti Gazmer

A Mass Comm. graduate believes strongly in the power of words. A book lover who dreams to own a library some day. An introvert but will become your closest friend if you share mutual feelings about COFFEE. I prefer having more puppies over humans.

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