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A SURVEY OF AI ON FINANCIAL FRAUD DETECTION

📘 Volume 11 📄 Issue 5 📅 may 2024

👤 Authors

Ms. Vibhuti Talreja, V. Sanjay Kumar, Vignesh S, Sujith Pandi.T 1
1. School of Economics and Commerce, School of Economics and commerce, CMR University , Bengaluru

📄 Abstract

In the banking industry, artificial intelligence (AI) tools for fraud detection and prevention are becoming more and more common. This paper provides a comprehensive examination of the impact of artificial intelligence (AI) on financial fraud detection. It makes clear the limitations of traditional methods for detecting financial fraud and highlights how difficult it is to handle the growing complexity of fraudulent activities. The various applications of artificial intelligence (AI) methods, such as machine learning, deep learning, natural language processing, and anomaly detection, to enhance fraud detection abilities are then covered.

🏷️ Keywords

Financial fraud detection Fraud prevention Data Privacy Artificial Intelligence

🔗 DOI

View DOI - (https://doi.org/10.36713/epra16794)

📚 How to Cite:

Ms. Vibhuti Talreja, V. Sanjay Kumar, Vignesh S, Sujith Pandi.T , A SURVEY OF AI ON FINANCIAL FRAUD DETECTION , Volume 11 , Issue 5, may 2024, EPRA International Journal of Environmental Economics, Commerce and Educational Management(ECEM) , DOI: https://doi.org/10.36713/epra16794

🔗 PDF URL

https://cdn.eprapublishing.org/article/1259am_24.EPRA JOURNALS16794.pdf

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