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NPCI developing 'federated model' to counter fraud transactions using UPI

CHENNAI: The National Payments Corporation of India (NPCI) is piloting a 'federated model' in collaboration with banks to eliminate frauds using Unified Payments Interface (UPI) transactions. India's ...
CNN

AI helped the feds catch $1 billion of fraud in one year. And it’s just getting started

The federal government’s bet on using artificial intelligence to fight financial crime appears to be paying off. Machine learning AI helped the US Treasury Department to sift through massive amounts ...
Windows Report

Selected AI fraud prevention solutions - September 2025

AI fraud prevention solutions: 8 best tools for 2025 to stop deepfakes, ATOs, and payment fraud with real-time AI, risk-based ...
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Not a glitch: Govt's new fraud detection tool may delay some UPI transactions

If you've experienced a delay in your Unified Payments Interface (UPI) transaction on platforms like PhonePe, Google Pay, or Paytm recently, it may be due to a strategic move by government authorities ...
Engadget

The US Treasury is using AI (a vehicle for fraud) to detect fraud

AI has been used to defraud people through everything from calling voters to faking celebrity giveaways. Now, the US Treasury Department claims machine learning AI has played a critical part in its ...