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10Dec 2024
MuleHunter.AI: RBI’s AI Tool for Fraud Prevention
Why in the news? The Reserve Bank of India launched MuleHunter.AI, an AI-based system, to detect mule accounts, strengthen financial security, and ensure compliance with anti-money laundering regulations after successful pilot testing. MuleHunter.AI: Transforming Fraud Detection in Banking The Reserve Bank of India (RBI) has launched MuleHunter.AI, an AI/ML-powered tool developed by the Reserve Bank …
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