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

Capital One, JPMorgan and Bank of America lead AI patents race

Capital One, JPMorganChase and Bank of America are responsible for 75% of all AI-related patent filings since 2023.   What’s more, U.S.-based banks are outpacing...

From YouTube pulling its data from Billboard’s charts to HYBE’s new partnership with Tyla’s managers… it’s MBW’s weekly round-up

Welcome to Music Business Worldwide’s Weekly Round-up – where we make sure you caught the five...

Best Business and Management Courses after 12th | Management Courses

Assalam o Alikum "Best Business and Management Courses after 12th class which have highest scope and value" University courses in...

Frugal Baking Tips to Slash Your Grocery Budget

I learned early on that baking doesn’t need to be fancy to be good. If something smells...