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How Machine Learning is Enhancing Digital Banking Services
Unlock the impact of machine learning in digital banking with smarter personalization, advanced fraud detection, efficient operations, and optimized customer support.
Deploy AI, machine learning to curb digital financial frauds: FinMin to banks
The Department of financial services yesterday held a high-level meeting with the banks and directed them to deploy modern technologies, like artificial intelligence (AI) and machine learning (ML), to curb the menace of bank frauds with customers.
RBI acts big on banking frauds: New AI tool MuleHunter.ai by RBI to help reduce digital frauds
The RBI innovation hub in Bengaluru has developed a new artificial intelligence based system to reduce digital frauds using money mule accounts. "In India, mule accounts are being opened by legitimate Indian nationals who are selling off the use of the accounts (the "Accomplice" persona).
RBI develops novel tool to tackle mule accounts, digital fraud: All you need to know about MuleHunter.AI
This will help the banks to deal with the issue of mule bank accounts expeditiously and reduce digital fraud. A mule account is a bank account used by criminals to launder illicit
RBI Innovation Hub develops MuleHunter.ai to combat mule account frauds
The RBI has taken several measures to prevent and mitigate digital frauds in the financial sector, including the issuance of cybersecurity and cyber fraud prevention guidelines, among others
Use MuleHunter.AI to check digital fraud: Govt to banks
The government urged banks to enhance their fight against mule accounts used in financial fraud. Banks were advised to implement AI/ML solutions, including the RBI-developed MuleHunter.AI, train staff,
What is MuleHunter.ai, RBI's latest initiative to tackle financial frauds
MuleHunter.AI, created by the Reserve Bank Innovation Hub (RBIH), a subsidiary of the RBI, is a specialized tool that effectively identifies and detects mule bank accounts commonly utilized in financial fraud activities such as money laundering.
Meet MuleHunter, RBI's new AI tool to tackle digital fraud
The RBI Governor Shaktikanta Das said a pilot programme with two large public sector banks has yielded “encouraging” results.
RBI asks banks to collaborate with MuleHunter.AI to find mule accounts
The RBI on Friday asked banks to collaborate with its initiative MuleHunter.AI to weed out mule accounts which are used to commit financial fraud.
acm.org
1d
Advanced Machine Learning Algorithms for HR Analytics
Implementing machine learning in HR requires strategic alignment between your organizational needs and algorithmic ...
4d
on MSN
Machine learning helps optimize polymer production
Polymers, such as plastics, are essential in many aspects of life and industry, from packaging and cars to medical devices ...
The Edge Singapore
1d
Capitalising on the mobile app economy with machine learning
Enter machine learning: the ultimate real estate developer, transforming mobile screen time into intelligent advertising ...
News Medical on MSN
3d
Behavioral chaos in Alzheimer’s disease mice decoded by machine learning
Researchers use machine learning to identify behavioral disruptions in Alzheimer’s disease mouse models, highlighting a ...
3d
on MSN
Multimodal machine learning model increases accuracy of catalyst screening
Identifying optimal catalyst materials for specific reactions is crucial to advance energy storage technologies and ...
BMJ
1d
Machine learning approaches to injury risk prediction in sport: a scoping review with evidence synthesis
Objective This study reviewed the current state of machine learning (ML) research for the prediction of sports-related ...
Science Daily
13d
Machine learning reveals behaviors linked with early Alzheimer's, points to new treatments
Scientists used a new video-based machine learning tool to pinpoint otherwise-undetectable signs of early disease in mice that were engineered to mimic key aspects of Alzheimer's. Their work sheds ...
Analytics India Magazine
1d
Why is No One Talking About Adversarial Machine Learning?
While AI systems can become tools for attackers facilitating sophisticated and automated attacks such as phishing and malware ...
PCMag on MSN
2d
Hands On With Peloton's Strength+ App: Machine Learning Workouts for the Gym
The digital fitness company is once again branching out beyond home workouts with an app that could bring those who lift ...
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