India's banking sector is set to gain a powerful new weapon against digital fraud. The National Payments Corporation of India (NPCI) has initiated a pilot for an AI model that can detect and track stolen money in real-time as it moves across bank accounts. This innovative technology aims to intercept fraudulent transactions before funds vanish, significantly reducing losses for victims and bolstering the security of digital payments across the nation.
NPCI has launched a pilot for an AI model designed to detect and track stolen money in real-time across bank accounts. This initiative aims to intercept fraudulent transactions before funds disappear, significantly reducing victim losses. It will bolster the security of digital…
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