Fighting financial fraud requires cutting-edge tech – and more besides

'Financial fraud has come a long way since Bruce Wayne's day'

clock • 4 min read

More than 50% of all financial fraud now uses artificial intelligence, writes Steve Andrews. So what can the financial services industry do about it?

Much to the delight of fans of a certain age, one of the UK's vintage TV channels is currently showing repeats of classic Batman episodes from the 1960s. This was back when the on-screen portrayal of the Caped Crusader was decidedly comical and camp, with fight scenes famously accompanied by flashes of "Pow!", "Zap!" and even an occasional "Bonk!". A recent instalment saw the Penguin, one of the series' recurring villains, engaged in financial fraud. His plan was to open a restaurant for Gotham City's wealthiest residents, persuade them to write down their own orders, get himself sent ba...

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