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Beyond the hype: How AI is fraud-proofing India’s fintech ecosystem

Online fraud in India is increasing. Citizens lost over ₹11,000 crore in the first half of 2024. Artificial intelligence is crucial for fintech security. It enhances user verification and transaction safety. GenAI automates document processing and fraud detection. AI also helps in smarter COD management. Fintech firms are building customized AI pipelines. 

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