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 beware human fraudster


Machines on the trail, beware human fraudsters!

#artificialintelligence

The Institute of Internal Auditors (IIA) recently hosted a session on Artificial Intelligence (AI) in fraud detection. Participants of the session listened to Hatem Elsafty, partner at Mazars-Qatar. Marwan Arab AI & Machine Learning Architect with Mazars presented case studies with the'Artificial Intelligence Fraud Fight Platform (AIFF)' developed by Mazars with Pandata, provides predictive and forensic intelligence solutions for fraud detection. During the session, Elsafty explained the concept of fraud, artificial intelligence, and machine learning using real-life examples and scenarios. "We are living in an era of advanced technologies that changed the way we do business. Artificial Intelligence (AI) and the use of Big Data are two of the leading technologies that provided useful business applications to automate and significantly support the reduction of fraud and corruption," said Elsafty.