RBI rolls out AI-based model to tackle digital frauds

Quick Summary:

AI model is expected to help banks deal with the issue of mule bank accounts, a typical tactic fraudsters use to funnel the proceeds of their fraudulent activities.

The post RBI rolls out AI-based model to tackle digital frauds appeared first on CoinGeek.

The Reserve Bank of India (RBI) has introduced an artificial intelligence/machine learning (AI/ML)-based model, MuleHunter.

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Article Details

Author / Journalist: Pradipta Mukherjee

Category: Crypto

Markets: CanadaIndia

Topics: Shaktikanta Das AI T. Rabi Sankar MuleHunter.AI Fraud Business Reserve Bank of India Artificial Intelligence Reserve Bank Innovation Hub

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-16 @ 06:00:00 (13 hours ago)

News Timezone: GMT +8:00

News Source URL: coingeek.com

Language: English

Article Length: 848 words

Reading Time: 5 minutes read

Sentences: 31 lines

Sentence Length: 28 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinGeek

News ID: 24427242

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