SMRTR TechOct 21, 2024TechRadar

US Treasury claims to have won back billions of dollars lost to fraud using AI

SMRTR summary

The US Treasury's machine learning AI has recovered $4 billion in improper payments, including $1 billion from check fraud, and prevented $2.5 billion in losses by prioritizing high-risk transactions and expanding risk-based screening.

SMRTR provides this summary for quick context. The original article belongs to TechRadar.

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