AI and NLP boost fraud detection in Nigerian finance sector

A new study explores the impact of Artificial Intelligence (AI)-enabled Accounting Information Systems (AIS) on fraud detection within Nigeria's financial services sector. The research, which surveyed 186 professionals from banking, insurance, and FinTech, found that AI-enabled AIS significantly enhances auditing and fraud detection effectiveness. Furthermore, the study highlights that Natural Language Processing (NLP) positively moderates this relationship by improving data interpretation and analytical explainability, ultimately bolstering fraud governance and institutional trust in digital financial environments. AI

IMPACT AI and NLP integration can significantly improve fraud detection and auditing effectiveness in financial services.

RANK_REASON Academic paper on AI application in a specific domain. [lever_c_demoted from research: ic=1 ai=1.0]

Read on arXiv cs.AI →

• Accounting Information Systems
• artificial intelligence
• fintech
• Fraud Diamond Theory
• natural language processing
• Nigeria
• technology acceptance model

• paper
• product

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