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AI is facilitating financial fraud, Treasury warns
AI is making it easier for fraudsters to carry out more sophisticated attacks on financial firms, the Treasury Department said in a report.
United states
Nellie liang
American bankers association
Banking information infrastructure committee
Financial services sector coordinating council
Federal reserve
Consumer financial protection bureau
Exchange commission
Treasury department
US Treasury says that AI has made financial fraud easier than ever
AI is once again being used maliciously
United states
Nellie liang
Exchange commission
American bankers association
Us treasury department
Consumer financial protection bureau
Federal reserve
Under secretary
Domestic finance
Techradar pro
AI is making financial fraud easier, Treasury Department says
A new Treasury Department warns of a gap in fraud prevention efforts between large and small financial firms
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Vasu jakkal
Treasury department
Biden administration
American bankers association
Bank policy institute
Under secretary
Domestic finance nellie
US Flags Significant Data Gap As Bank Deploy AI In Fraud Prevention
The US financial sector faces a "significant" data gap between big and small banks as they deploy AI to fight fraud, the Treasury Department said Wednesday, noting that smaller institutions are disadvantaged.
Nellie liang
Joe biden
Treasury department
Significant data gap as bank deploy
Fraud prevention
President joe biden
Ai in banks to fight fraud
Artificial intelligence ai big gap
Ai usage
US flags data gap as banks deploy AI in fraud prevention
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