American Banker, January 30th, 2019, Can AI help banks thwart elder abuse?
Banks are stepping up their efforts to detect and deter financial elder abuse in response to a rise in such crime, and artificial intelligence software could become part of the solution.
“Wells Fargo has been focusing on this as an issue and building analytics for it, very much like we do for other things like fraud,” said Rich Baich, Wells’ chief information security officer.
