US Treasury Says AI Tools Prevented $1 Billion of Fraud in 2024

The Treasury says it identified or recovered $4 billion in fraudulent payments last fiscal year, a sixfold increase over the previous year.

By: Gizmodo.com

Oct 19 2024
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US Treasury Says AI Tools Prevented $1 Billion of Fraud in 2024 — US Treasury Says AI Tools Prev

The U.S. Department of the Treasury says its expanded use of machine learning systems helped detect and prevent billions of dollars in fraudulent payments in 2024.
The treasury is the check-writer f… [+2541 chars]

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US Treasury Says AI Tools Prevented $1 Billion of Fraud in 2024

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