BFM Podcast

Fraud Fighting Robots

Tan KW
Publish date: Thu, 01 Dec 2022, 02:41 PM
Fraud Fighting Robots

01-Dec-22 11:00

Keith Swanson, Fraud and Security Intelligence, Asia Pacific & Japan, SAS

It is estimated that Asia's digital payments sector is on track to exceed $1 trillion in annual revenue within the next two years. According to a joint survey by The Association of Certified Fraud Examiners and global data analytics leader, SAS, only 17% of organisations use artificial intelligence or machine learning analytics to detect fraudulent activities. Clearly there is still a lot of potential for growth in terms of utilising advanced technology to prevent fraud. We hear from Keith Swanson of SAS on how Artificial Intelligence can be used to mitigate fraud in the upcoming holiday season.

Image Credit: Shutterstock | U-STUDIOGRAPHY DD59

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