Oscilar released its AI-powered ACH Fraud Detection product. The solution identifies and prevents fraudulent transactions with unparalleled speed and accuracy by leveraging advanced machine learning algorithms, generative AI techniques, and real-time data analysis and explainability. This innovative solution is critical as the ACH Network – the backbone of the modern financial ecosystem – experiences unprecedented growth, with 8.2 billion payments handled in the first quarter of 2024 alone, including a staggering 47% increase in Same-Day … More
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