Recently, the Sunak government also launched a new program that aims to radically upskill civil servants in data science and analysis

Banks are increasingly adopting generative AI to transform customer engagement, operations and fraud prevention

The rise of publicly available AI tools has also led to the rise of AI-related cybercrimes and an increase the effectiveness of scams

Deceptive AI presents several risks, but there are solutions to counter this growing threat

Managed Detection and Response (MDR) enables organizations to protect themselves from advanced threats across multiple threat vectors and focus on business outcomes by using service providers

From better decision-making and predicting patterns to better customer engagement via hyper-personalization, making the right use of data unlocks AI’s true power

Employees from at least two US federal civilian agencies were hacked by cybercriminals last year as part of a fraud campaign

Traditional techniques in billing and claims make way for versatility as new-age technologies bring in accuracy in real time and save costs

AI has been a strong ally to a wide range of industry practices and its subsets are going a step further in helping solve real-world problems from natural disasters to healthcare challenges

Artificial intelligence is playing an important role in optimizing clinical trials, including site identification and selection

Artificial intelligence (AI) has been used to facilitate business decisions, but one Chinese company has turned over its chief executive role to an AI bot

As technology evolves, AI will undoubtedly remain a pivotal ally in the ongoing fight against financial crime, safeguarding the integrity of the global financial services industry.