RBC adds gen AI to ‘fraud-fighting toolbox’

Date:

Share post:


Royal Bank of Canada is developing tools by combining new and old tech to fight scams powered by gen AI.  The bank is blending AI and gen AI tech to fight fraud, Geoffrey Morton, senior director of fraud strategy at RBC, told FinAi News.  “We’re exploring specifically within scams,” Morton said. “It’s one thing to be able to detect the scam activity but it’s another problem to convince […]

The post RBC adds gen AI to ‘fraud-fighting toolbox’ appeared first on FinAi News.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Related articles

Marie Wilson Allocated Finance Ministry In CM Vijay-Led Tamil Nadu Govt | TVK Govt

🔴Tamil Nadu News LIVE: TN Cabinet Expansion LIVE: CM விஜயின் அமைச்சரவை விரிவாக்கம் | புதிய அமைச்சர்கள் யார்? | CM...

A Top-10 Mortgage Lender Has Launched an Athleisure Clothing Line

This might be one of the strangest things I’ve ever heard come out of the mortgage industry.And...

A tale of two tech sectors

Key takeaways AI is getting so good at writing code that it's threatening the business model of companies...

Mach Industries Clinches $1.8 Billion Valuation as the Pentagon Focuses on ‘Drone Dominance’

Mach Industries CEO Ethan Thornton has big visions on how to scale his defense tech company. He’s...