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AI In Banking and Finance Market is expected to Reach US$ 362 Bn by 2027, owing to the Effective Identification of Credit Card Fraud and Money Laundering, says Absolute Markets Insights – KSU - Vimarsana News

AI In Banking and Finance Market is expected to Reach US$ 362 Bn by 2027, owing to the Effective Identification of Credit Card Fraud and Money Laundering, says Absolute Markets Insights – KSU

Banking and Financial institutions have been using artificial intelligence for a number of years, although initially restricted to specialised applica

How AI is allowing companies to stay one step ahead of cybercrime - Vimarsana News

How AI is allowing companies to stay one step ahead of cybercrime

R. Fresson Whether you’re loving working in your pyjamas, or craving water-cooler talk and a fully adjustable office chair, there’s one group who have unequivocally benefited from the sudden rise of remote work. For cybercriminals, the increased time we spend online has created a perfect storm of opportunity. “Within a matter of weeks, we experienced the kind of increased digitalisation that would typically happen over a period of several years,” says Ajay Bhalla, president of cyber and intelligence at Mastercard. But there are side effects: “We’ve also seen a 47 per cent increa...