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Adyen

  • British insurers sound alarm over unprecedented rise in AI-driven scams

    insurance

    The insurance sector is struggling to combat the growing influx of AI-driven fake claims, as sophisticated fraud is challenging the sector’s outdated traditional system, putting increased pressure on insurers to adapt. According to a recent report by fintech firm Adyen, one in seven claims (15 per cent) were proven to be fraudulent, resulting in a [...]

    lloyd's of london

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