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Using ID Screening to Fight COVID-19 Economic Relief Fraud


Dr. Gary Shiffman, CEO, Giant Oak
High-speed identity screening can play a critical role in cracking down on fraud tied to COVID-19 economic relief efforts without impeding legitimate access to funds, says Dr. Gary Shiffman, CEO of Giant Oak, which offers artificial intelligence technology.
We ve got to get beyond this idea that to get money out quickly, we can t do screening - we absolutely can, he says. Technology exists today - machine learning, artificial intelligence technologies - which enables high-speed, large-scale screening and monitoring for purposes of deterring fraud. Remember, the purpose of law enforcement is not to catch fraudsters. The purpose is to raise the bar so that people say, Look, I don t even want to engage in fraud. It s just not worth it. That s the goal. ....

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