77% of Consumers Expect Banks to Use AI to Fight Fraud
Briefly

from www.pymnts.com6 months ago
Real-time payments face adoption hurdles mainly due to security concerns, including fraud risks. AI integration is crucial for enhancing security and efficiency in real-time payments.
www.pymnts.comhttps://www.pymnts.com/fraud-prevention/2024/77-of-consumers-expect-banks-to-use-ai-to-fight-fraud/
AI automates identity verification and fraud detection in real-time payments, reducing onboarding times and improving efficiency significantly over the next few years.
www.pymnts.comhttps://www.pymnts.com/fraud-prevention/2024/77-of-consumers-expect-banks-to-use-ai-to-fight-fraud/
Read at www.pymnts.com
#real-time-payments #ai-integration #fraud-detection #security-measures #financial-institutions
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