- Banks are using AI on the front end to secure customer identities, mimic bank employees, deepen digital interactions, and engage customers across channels.
- Banks are also using AI on the back end to aid employees, automate processes, and preempt problems.
- In payments, AI is being used in fraud prevention and detection, anti-money laundering (AML), and to grow conversational payments volume.
4 comments:
Very nice article. Thanks for sharing this information. Keep sharing content like this. Gary Bassett Waxahachie
A Virtual Credit Card is a temporary credit card number that is randomly generated so you can shop online and over the phone without sharing your real credit card information.To further protect yourself, you can limit the amount that can be charged to this Virtual Credit Card number, as well as place an expiration date on the card.
No doubt today banks are using AI on the front end, but these are reliable to secure customer identities and their personal information.
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