International Journal For Multidisciplinary Research

E-ISSN: 2582-2160   •   Impact Factor: 9.24

A Widely Indexed Open Access Peer Reviewed Multidisciplinary Bi-monthly Scholarly International Journal

Call for Paper Volume 6 Issue 4 July-August 2024 Submit your research before last 3 days of August to publish your research paper in the issue of July-August.
Submit Research Paper Join as a Reviewer

Plagiarism is checked by the leading plagiarism checker TurnItIn

Call for Paper

Volume 6 Issue 4
July-August 2024

Submit your research paper

Indexing Partners
Academia Advanced Sciences Index Bielefeld Academic Search Engine CiteSeer DRJI Google Scholar Independent Search Engine & Directory Network ISI (International Scientific Indexing) Issuu Mendeley Research Networks
RefSeek ResearcherId - Thomson Reuters ResearchGate Scirus Scribd Semantic Scholar UTeM - Universiti Teknikal Malaysia Melaka Wiki for Call for Papers WorldCat Zenodo

Detecting Financial Fraud in the Digital Age: The AI and ML Revolution

Author(s) Sowmya G S, Sathisha H K
Country India
Abstract Along with innovations in technology, swindlers are becoming smarter. Fraud is a major concern for the financial services industry. Earlier frauds in this industry were limited to robbery and loan defaults as the customers had limited ways to interact with their financial institutions. The technology innovation opened up various ways of interacting and transacting with financial services providers, which has led to a significant increase in several types of financial fraud. Technology is making a positive impact across many industries, including the financial sector. Technology is redefining what is possible in combating fraud and financial crimes. Artificial Intelligence (AI) and Machine Learning (ML) have grown drastically from being mere technology buzzwords to the commercial reality it is today. The aim of the present study is to understand the types of financial fraud and the role of AI and ML in financial fraud detection. Secondary data collected from websites and reports are used for the study.
Keywords Digital Age, Money laundering, AI, ML, Financial Fraud, Predictive models
Field Computer > Artificial Intelligence / Simulation / Virtual Reality
Published In Volume 5, Issue 5, September-October 2023
Published On 2023-09-04
Cite This Detecting Financial Fraud in the Digital Age: The AI and ML Revolution - Sowmya G S, Sathisha H K - IJFMR Volume 5, Issue 5, September-October 2023. DOI 10.36948/ijfmr.2023.v05i05.6139
DOI https://doi.org/10.36948/ijfmr.2023.v05i05.6139
Short DOI https://doi.org/gsn74r
View / Download PDF File

Share this


E-ISSN 2582-2160
CrossRef

CrossRef DOI is assigned to each research paper published in our journal.

IJFMR DOI prefix is
10.36948/ijfmr

Downloads
Research Paper Format Copyright Permission Form and Undertaking Form Cover Page Vol 6 Isu 4 Cover Page Vol 6 Isu 3 Cover Page Vol 6 Isu 2

All research papers published on this website are licensed under Creative Commons Attribution-ShareAlike 4.0 International License, and all rights belong to their respective authors/researchers.

CC-BY-SA Open Access

About IJFMR
Fees & Payment
Current Issue
Publication Archive 		Submit Research Paper
Track Submission Status
Publication Guidelines
Publication Ethics
Peer Review & Plagiarism 		Join as a Reviewer
Editors & Reviewers
Reviewer Referral Program
Get Reviewer Membership Certi. 		Website/Journal Policies
Usage Policy
Content Policies
Privacy Policy
Contact Us +91-9898-5948-55 editor@ijfmr.com