UK’s Fraud Detection AI to Be Licensed Abroad After Recovering £480m in Lost Revenue

UK’s fraud detection AI to be licensed abroad after recovering £480m in lost revenue

UK government says its new AI fraud detection system helped recover £480 million in lost revenue in just one year.

UK Gov Says They Are Using AI to Combat Fraud

The latest release from HM Gov, which claims that some £480m has been saved by deploying AI. Fraudsters have been stopped from stealing a record £480 million from the taxpayer in the government’s biggest ever [...] The post UK Gov Says They Are Using AI to Combat Fraud appeared first on .

UK government says a new AI tool helped it recover almost £500 million in fraud losses - and now it's going global

UK government says its new AI fraud detection system helped recover £480 million in lost revenue in just one year.

AI Big Brother Tracking More and More Frauds Across Government Departments

The UK government’s new AI tool helped recover nearly £500 million in fraud. The tool is called the Fraud Risk Assessment Accelerator.