AI Helped the U.S. Government Recover $1 Billion in Fraud in 2024 – And It’s Just Getting Started
In fiscal 2024, the U.S. Treasury recovered $1 billion in check fraud, a significant increase due to AI’s data analysis capabilities. AI has transformed fraud detection and recovery efforts, with over $4 billion identified. As fraud schemes evolve, AI integration is crucial for businesses to combat financial crime effectively.
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