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Will a major Indian bank report reduced digital fraud after using MuleHunter AI by June 30, 2025?
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Resolution / Starting Odds
Yes • 50%
No • 50%
Official statements or reports from major Indian banks
Story
RBI Launches Advanced MuleHunter AI Tool to Identify Mule Accounts and Combat Digital Fraud
Dec 6, 2024, 12:32 PM
The Reserve Bank of India (RBI) has introduced MuleHunter AI, an advanced artificial intelligence and machine learning tool designed to identify and flag suspected mule accounts. This initiative aims to combat the increasing prevalence of digital fraud and money laundering, which are often facilitated by these accounts. The RBI has urged banks to collaborate with this innovative solution to enhance their capabilities in tackling financial crimes. The launch of MuleHunter AI reflects the RBI's commitment to leveraging technology in the fight against financial fraud.
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