Online fraud is becoming an increasingly widespread problem. To combat it, many banks and technology companies are using artificial intelligence. These systems can analyze thousands of transactions in just a few seconds and identify suspicious behavior.AI can recognize unusual patterns, detect phishing attempts, and block potentially fraudulent transactions. Although it is not infallible, this technology is becoming an important tool for increasing user security and reducing the risks associated with online activities.
Author: Ms Maria Lagani, psychology graduate- Master’s student. Research Team for JUMP staff (Italy)