How Discovery Bank uses AI to crack EFT fraud
Digital banking fraud has spiked since 2022, with the number of incidents surging by 86% in 2024 and total losses of just under R2bn.
It’s been another bumper year for AI, but where will it end?
Generative AI looks to probability and likelihood, not fact, and feeds these mistakes to unsuspecting audiences.
Debates about AI skills, ethics and jobs overlook a fundamental aspect.
