Nearly 70% of the 600 fraud-management, anti-money laundering, and risk and compliance officials surveyed in BioCatch’s first-ever AI-focused fraud and financial crime report say criminals are more adept at using artificial intelligence to commit financial crime than banks are at using the technology to stop it. Nearly half of those same fraud-fighters report an increase in financial crime activity in the last year. A staggering 91% of respondents report their organisation is now rethinking the use of voice verification for big customers due to
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