In this article, I give focus to the situation with the financial services industry embracing AI/ML to a high degree in so many areas, one would think AI/ML would be used to detect and prevent ACH fraud, but this is not generally the case. Even the largest banking institutions seem to wash their hands with regards to ACH fraud, leaving their customers to absorb the losses.
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AI is rapidly transforming industries, becoming a critical driver of innovation. As AI’s influence expands, organizations are increasingly turning to private AI solutions to maintain control over their data, ensure regulatory compliance, and customize AI models to meet specific needs. According to IDC’s Spotlight report Powering Innovation: Private AI Infrastructure in the Enterprise, experienced organizations […]
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