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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 →

AI-generated summary · Google Gemini · from 1 sources. How we write summaries →

AI and NLP boost fraud detection in Nigerian finance sector

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

  1. arXiv cs.AI TIER_1 English(EN) · Timothy Oluwapelumi Adeyemi, Abigail Omotola Ojogbede ·

    Artificial Intelligence-Enabled Accounting Information Systems and Fraud Detection in Nigeria's Financial Services Sector: The Moderating Role of Natural Language Processing

    arXiv:2607.01257v1 Announce Type: cross Abstract: The rapid digitalisation of financial systems has improved operational efficiency and financial inclusion while simultaneously increasing exposure to sophisticated forms of cyber-enabled fraud and electronic financial misconduct. …