Tag: Fraud Prevention

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Get Machine Learning Security Principles for Free – Limited-Time Offer from Knowledge Hub Media

Secure your machine learning systems quickly with "Machine Learning Security Principles", a comprehensive guide to ML. Get an in-depth view of the processes & protocols related to ML & explore threats, coding, & real-world scenarios. Leverage this book for free for a limited time only!

Flagright and OpenAI Join Forces to Launch AI Suite

Flagright announces the launch of their AI suite, Flagright AI, in collaboration with OpenAI, to deliver a revolutionary solution to anti-money laundering and fraud prevention for FinTechs and neobanks. GPT-powered merchant monitoring, alerting and SAR generator can improve operational efficiency and accuracy, providing superior customer satisfaction!

Dunzo and SHIELD: Building Customer Trust and Frictionless Customer Experience

Dunzo, India’s leading hyperlocal delivery service, has partnered with SHIELD, a global risk intelligence company, to strengthen their fraud prevention capabilities. Dunzo is the first quick commerce company in India to use mobile-first risk intelligence to stay one-step ahead of fraudulent activities. This should provide customers with a trustworthy and frictionless experience. With SHIELD’s Device Intelligence technology, Dunzo can identify fake accounts and combat promotional abuse. With the SHIELD Risk Indicators and advanced AI, Dunzo is committed to providing a safe and reliable experience.

FTC Alerts Congress of AI’s Potential to Amplify Fraud Schemes and Scams

At a recent FTC hearing, Commissioner Lina Khan expressed concerns about the potential risks of modern AI technologies such as ChatGPT. The Commission has taken steps to protect consumers from fraudulent practices potentially stemming from the use of such technologies, and launched the Office of Technology to assist with consumer protection. Commissioner Rebecca Slaughter followed Khan's remarks, highlighting the FTC's ability to adapt to new technologies. The company mentioned in this article was Opendoor, and the FTC warned them against deceptive claims related to the sale of homes.

The Impact of ChatGPT on the Cryptocurrency Industry

OpenAI's ChatGPT brings revolutionary AI capabilities for cryptocurrency industry. Apart from providing accurate forecast and insights, ChatGPT is also used to optimize smart contracts, detect fraudulent activities and trading scams and reduce the risk of decision making. Developed by Elon Musk's company, OpenAI, this AI-driven chatbot has great potentials in the cryptocurrency sector.

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