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Combatting financial fraud: Kenyan banks employ AI to monitor employees, wither...

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Kenyan banks are increasingly employing artificial intelligence (AI) to monitor their employees as part of a comprehensive strategy to combat fraud in the sector....

Financial fraud hits GHS88 million in 2023

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The latest annual Fraud Report from the Bank of Ghana indicates that in 2023, regulated financial institutions in the country recorded 15,865 fraud cases...

3 financial fraud types grow exponentially in 2022

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At least three financial fraud types saw some exponential growth in 2022, compared to the numbers recorded in 2021. The three were cyber/email fraud, fraudulent...

Cyber Security Authority warns of rising fraudulent activities targeting bank customers

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The Cyber Security Authority (CSA) is warning of rising fraudulent activities targeting bank customers. According to the authority, it has received several and further observed...
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