Fraudulent activities within the financial services sector have escalated into a significant concern, with projections indicating that online payment fraud could result in losses exceeding $206 billion between 2021 and 2025. This stark reality has forced financial institutions to reassess their risk management strategies and seek more advanced fra...
11 October 2024 /ai /crime
In today’s dynamic business environment, organizations are overwhelmed by vast amounts of data, yet the challenge remains in effectively leveraging this data to inform strategic decision-making. A recent report indicates that companies lose approximately $5.8 million annually due to inadequate data quality and analytics [1]. This alarming statisti...
08 October 2024 /ai /inclusion
Emils DzinaData Analyst at ChiliLabs
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