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Stock impact report

Is Artificial Intelligence The Superman Of Fraud Fighting? [Forbes]

TransUnion (TRU) 
Last transunion earnings: 4/28 06:50 am Check Earnings Report
US:NYSE Investor Relations: investors.transunion.com
Company Research Source: Forbes
In today's digital age, financial institutions and other businesses face numerous fraud threats that require sophisticated, agile prevention, so I think the answer is a strong "yes." Here are some of the reasons why this is true. Advanced AI provides comprehensive fraud prevention and management, and by leveraging this technology for real-time detection, decisioning and continuous adaptation, we can stop the bad guys. Artificial intelligence-infused solutions ultimately help secure a business' ecosystem from bad actors. Our financial institution customers are currently investing in advanced technology and analytics to protect consumers and the institutions themselves from fraudsters. For example, technology that fights scams and money mules is being adopted to combat the numerous new types of fraud appearing on the horizon. One such recent example is the "Safe Account Scam." Fraudsters tell consumers their accounts are under attack and convince them to transfer their money to a Show less Read more
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