AI and the Fight Against Money Mules
New Tools for an Old Crime
Digital banking changed how money mules transact. Mules are now frequently involved in fraud and scams. Increasingly, AI is now being employed to recruit money mules and send convincing messages to victims.
It takes AI to fight AI-fueled mule activity. AI-powered fraud detection can quickly review data to find hidden fraud patterns in real time. Plus it learns and counters emerging threats. Together, Feedzai and PwC offer tailored strategies to help financial institutions identify and dismantle money mule networks. Read our report to understand how:
- AI enables criminals to personalize mule recruitment through social media and deepfake technology.
- Mule detection can be enhanced using a number of signs, signals, and strategies that traditional methods often struggle to address.
- Stricter regulations worldwide are disrupting mule operations.
Read the report.