The role of artificial intelligence in detecting financial fraud

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The Role of Artificial Intelligence in Detecting Financial Fraud Artificial intelligence plays an important role in the early detection of financial fraud. It helps analyze financial transactions in real time. AI algorithms are used to detect unusual patterns in banking operations. It contributes to reducing financial losses caused by fraud. AI helps identify forgery and credit card theft. It enhances the accuracy of fraud detection systems compared to traditional methods. AI can adapt to new and evolving fraud techniques. It reduces false alerts. It assists banks in complying with legal regulations. Therefore, AI is an effective tool for protecting financial systems