The US Department of the Treasury has successfully applied artificial intelligence to combat financial crime. Over the past fiscal year, from October 2023 to September 2024, the department managed to return more than $4 billion to the state treasury or prevent theft. This is an impressive result, which is several times higher than the figures for the previous period.
Such significant success was achieved thanks to the introduction of advanced data analysis and machine learning technologies. Artificial intelligence allows you to process huge amounts of information in real time, identifying complex fraud schemes that previously went unnoticed.
