AI helped recover £500m lost to fraud -UK government
A theme is developing in business that AI contributes business value by eliminating one of the moost pervasive data issues, one which Banks reallly suffer but all businesses do a large extent: that issue is co-relating customer data from disparate sources and producing a novel profile which can be used to create value through customer activity, inadvertent or deliberate, by identifying items such as missed opportunities, fraudulent activity or customer ignorance which resulted in losses or missed new business. The UK givernment has develpoed an AI tool to create a picture of citizen activity related to government payments, much of … Continue reading AI helped recover £500m lost to fraud -UK government
