Treasury Department uses AI to recover $1 billion in fraud
- The US Treasury Department recovered $1 billion from check fraud in fiscal 2024 using AI, as reported by CNN.
- Overall, AI helped prevent and recover over $4 billion in fraud, marking a six-fold increase from the previous year.
- The Treasury delivers about 1.4 billion payments valued at nearly $7 trillion to over 100 million people each year.
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Total News Sources0
Leaning Left4Leaning Right0Center5Last UpdatedBias Distribution56% Center
Bias Distribution
- 56% of the sources are Center
L 44%
C 56%
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