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This 11-minute video from AWS Events explores how financial institutions can leverage AI to combat the rapidly evolving landscape of digital fraud. Discover how payment fraud is projected to exceed $326 billion between 2023-2028, with credit card transaction fraud alone expected to reach $43 billion by 2026. Learn why traditional detection methods are falling short against sophisticated modern threats and how AI offers transformative solutions. Join AWS and NVIDIA industry experts as they share insights on harnessing AI to strengthen fraud detection by identifying subtle patterns in transaction data, deploying accelerated computing infrastructure for increasing data volumes, and utilizing advanced technologies like graph neural networks and transformer architectures. Gain knowledge about implementing AI-driven solutions that detect fraud in real-time, enhance security, and build greater customer trust in financial services.
