“ BLOCKCHAIN , ACCESS TO MANY DATA SOURCES , AND AUTOMATED SCANNING SOLUTIONS HAVE THE POTENTIAL TO DRIVE FRAUD MITIGATION IN A MUCH MORE EFFICIENT MANNER ”
Q . WHAT OTHER ADVANCED TECHNOLOGIES CAN HELP DETECT FRAUD ?
» AI is still at an early stage in the fraud market and has tremendous potential to help fully automate fraud detection , fill cybersecurity gaps that often lead to fraud , and identify individuals who can be recognised as bad actors before they even perpetrate a fraudulent act .
Advanced anti-money laundering ( AML ) technologies that quickly identify money movement also have the potential to complement the current techniques to identify funds quickly that have been captured by bad actors .
Lastly , blockchain , access to many data sources , automated scanning solutions , and other advancements have the potential to drive fraud mitigation in a much more automated , efficient manner than today ’ s market . healthcareglobal . com 23