Treasury Department uses AI to recover $1 billion in fraud   ...Middle East

The Treasury Department is taking advantage of artificial intelligence (AI) to prevent or recover check fraud and stopped more than $1 billion in fraudulent payments over the past year, the agency announced Thursday.   Machine learning AI as used by the Treasury Department to recover about $1 billion in check fraud in fiscal year 2024, the agency said in a press release. The increased use of AI was part of various enhanced fraud detection processes the Treasury Department rolled out over the last fiscal year.   The enhanced measures helped prevent or recover more than $4 billion total in fraud, according to the agency.   The machine-learning algorithms processed and learned with

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