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Discovery Bank on Thursday rolled out a suite of artificial intelligence -powered tools and advanced security features to its clients that is set to rattle the banking landscape with its compelling innovative features. https://t.co/TbfG334t5m
As scammers turn to AI to supercharge their swindles, Australian startup https://t.co/Hho911fDAM is wielding AI in the global fightback against the illicit industry, creating "victims" to soak up scammers' time and gather insights into their activities. https://t.co/M7SZvcZzpU https://t.co/e95xsMiR3s
The South African Banking Risk Information Centre (Sabric) has issued a warning about the rapid rise of artificial intelligence (AI)-driven scams targeting South African bank customers. https://t.co/4naBiyqAtK https://t.co/aExqVfd0nD
Charm has launched a new AI platform aimed at helping banks combat the rising threat of scams, particularly as the South African Banking Risk Information Centre (Sabric) has reported an increase in sophisticated AI-driven scams that have led to significant financial losses for consumers. Sabric's warning highlights the alarming trend of scammers utilizing advanced artificial intelligence to deceive bank customers in South Africa. In response to this growing issue, Australian startup initiatives are employing AI to counteract these scams by creating 'victims' to engage scammers and gather intelligence on their operations. Additionally, Discovery Bank has introduced a suite of AI-powered tools and advanced security features designed to enhance client protection against these evolving threats.
