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823 Revolut launches AI scam-detection tool

UK Tech News
Oscar Hornstein @ UK Tech News · 02/15/2024 05:43 EDT

Revolut launches AI scam-detection tool

Revolut has launched an AI scam-detection tool designed to prevent authorised push payment (APP) fraud schemes. APP is a type of scam in which criminals trick users into transferring funds into their accounts. Scamming is on the rise, with data last year from National Trading Standards claiming almost three quarters (73%) of UK adults have ...

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