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Articles by Tag: fintech

Small Enterprises, Big AI: How to Use LLMs to Stop Financial Fraud

Small Enterprises, Big AI: How to Use LLMs to Stop Financial Fraud

Traditional fraud detection methods are resource-intensive and difficult to implement and maintain. Leveraging large language models (LLMs) offers a more efficient approach. LLMs can analyze vast amounts of data in real time, identifying fraud with less complexity. CIOs at SMEs should consider incorporating LLMs into their fraud detection systems to strengthen security while simplifying operations.