Friend or foe? The real impact of AI on fraud reduction in banking

Friend or foe? The real impact of AI on fraud reduction in banking

The Role of AI in Reshaping Fraud Landscape in Banking

Artificial Intelligence (AI) has become a powerful tool in the banking industry. It is revolutionizing not only the way banks operate but also how they protect themselves against fraud. To explore this topic further, Retail Banker International’s editor, Douglas Blakey, will host a webinar on 14 October. The session will delve into the impact of the latest AI technologies, generative AI, and agentic AI, on the fraud landscape. The discussion will examine whether these cutting-edge technologies will tip the balance towards protection or exploitation.

Exploring the Fraud Landscape with AI

The webinar will leverage fresh insights from a GlobalData survey, expert analysis, and practitioner perspectives to explore prevalent types of fraud in the banking sector. It will delve into why these fraud types persist and how AI could either reinforce these vulnerabilities or create new defences. The session aims to equip banking professionals with the foresight to make informed technology investments and enhance customer protection in an era of heightened risk.

Expert Panel

The panel discussion will feature a stellar line-up of speakers including:

  • Steve Walker, lead analyst, banking and fintech, GlobalData
  • Joanne Kumire, lead analyst, payments, GlobalData
  • Kieran Hines, principal analyst, Celent

Interested individuals can register for the webinar via this link.

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As the banking industry continues to grapple with fraud, the role of AI in reshaping the fraud landscape has never been more critical. The upcoming webinar will shed light on these crucial issues, helping banking professionals make informed decisions about leveraging AI for fraud prevention. To learn more about the real impact of AI in reducing fraud in banking, click Here.

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John Wick

ABJ, a Senior Writer at Luxurylaunches, brings over 10 years of automotive journalism expertise. He provides insightful coverage of the latest cars and motorcycles across American and European markets, while also highlighting luxury yachts, high-end watches, and gadgets. An authentic automobile aficionado, his commitment shines through in educating readers about the automotive world. When the keyboard rests, Sayan feeds his wanderlust, traversing the world on his motorcycle.
Picture of John Wick

John Wick

ABJ, a Senior Writer at Luxurylaunches, brings over 10 years of automotive journalism expertise. He provides insightful coverage of the latest cars and motorcycles across American and European markets, while also highlighting luxury yachts, high-end watches, and gadgets. An authentic automobile aficionado, his commitment shines through in educating readers about the automotive world. When the keyboard rests, Sayan feeds his wanderlust, traversing the world on his motorcycle.
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