AI tools helped Treasury recover billions in fraud and improper payments
Briefly

from Nextgov.com3 months ago
The Treasury Department's payment integrity arm reported a significant increase in fraud prevention and recovery, totaling over $4 billion in fiscal 2024, largely thanks to new AI-powered tools.
Nextgov.comhttps://www.nextgov.com/artificial-intelligence/2024/10/ai-tools-helped-treasury-recover-billions-fraud-and-improper-payments/400368/
Treasury Deputy Secretary Wally Adeyemo highlighted the significant progress made in combating fraud, emphasizing the importance of partnerships within the federal government to enhance systems and capabilities.
Nextgov.comhttps://www.nextgov.com/artificial-intelligence/2024/10/ai-tools-helped-treasury-recover-billions-fraud-and-improper-payments/400368/
Read at Nextgov.com
#fraud-prevention #ai-technology #government-finances #financial-integrity #treasury-department
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