Innovations in Cardless Artificial Intelligence Banking: A Comprehensive Framework for Cyber Secure and Fraud Mitigation using Machine Learning Algorithms
A new research paper proposes a comprehensive framework for enhancing cybersecurity and mitigating fraud in cardless AI banking systems. The framework utilizes AI-powered data cryptography to generate secure virtual cards and employs AI-based authorization methodologies for transaction authentication and fraud detection. By integrating machine learning algorithms, the system aims to create a more secure and convenient banking experience, addressing concerns associated with traditional banking methods. AI
IMPACT Proposes a new framework for AI-driven security and fraud prevention in the financial sector.