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Many banks are facing an expectation gap when it comes to generative AI's role in fraud prevention — especially when it comes to preventing gen AI-powered attacks. Our CEO and co-founder Tommy Nicholas breaks down the risks and opportunities of gen AI for banks in this deep dive on the topic in American Banker. https://lnkd.in/dz6n-GBY

Bankers think AI is an anti-fraud lifeline. They're gravely mistaken.

Bankers think AI is an anti-fraud lifeline. They're gravely mistaken.

americanbanker.com

Rob Woellhaf

Fraud Operations and Prevention Consultant

1w

There has never been a panacea to stop fraud and there likely never will be because bad actors are tenacious, and they adapt. Gen AI is no different.

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