The increasing rate of online fraud has forced the finance industry to look beyond its traditional methods of determining the reliability of a borrower. Photo: ShutterstockThe increasing rate of online fraud has forced the finance industry to look beyond its traditional methods of determining the reliability of a borrower. Photo: Shutterstock
The increasing rate of online fraud has forced the finance industry to look beyond its traditional methods of determining the reliability of a borrower. Photo: Shutterstock

Online lenders enlist AI-driven behavioural analysis in the fight against fraud

  • A survey conducted by PwC found that in 2018, 49 per cent of respondents said their companies were victims of fraud, up from 36 per cent in 2016

Topic |   Fintech
The increasing rate of online fraud has forced the finance industry to look beyond its traditional methods of determining the reliability of a borrower. Photo: ShutterstockThe increasing rate of online fraud has forced the finance industry to look beyond its traditional methods of determining the reliability of a borrower. Photo: Shutterstock
The increasing rate of online fraud has forced the finance industry to look beyond its traditional methods of determining the reliability of a borrower. Photo: Shutterstock
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