The Use of AI in Fraud Detection in SME Lending

As published on Insurance CIO Outlook

Artificial intelligence (AI, defined by FICO as the actual use or application of machine learning or ML techniques for certain tasks) is seeing wider adoption in the financial industry—for example, insurance and payments companies, and traditional banks. Supervised and unsupervised machine learning can predict potentially fraudulent and anomalous transactions, and protect customer databases.

Read more