AI isn't the solution to financial fraud — it actually might be the biggest problem

Core Insights - The article discusses the optimistic predictions by experts regarding the role of AI in preventing financial fraud, suggesting it could be a "silver bullet" against bad actors targeting financial institutions and businesses [1] Group 1 - Experts believe that AI has the potential to outsmart humans attempting to commit scams [1] - The use of AI could help in catching fraudsters without the risk of human error [1]