In a world of increasingly sophisticated fraudsters and cybercriminals, financial institutions are increasingly reliant on advanced security systems to maintain that trust. “Trust and security are more important to Revolut than anything else,” he says. “We invest vast amounts in the most advanced systems and processes to help make sure that our customers’ money – and their data – is kept safe and secure. “Equally significant and perhaps more immediate, though, is the potential offered by our next-generation AI systems to help protect customers against financial fraud,” he says. What matters most is using every available resource — technological, legal and human — to ensure that customers’ money is safe and secure.”

Source: Irish Examiner June 25, 2023 01:48 UTC