
Suntec
Ethical AI Frameworks for Fraud Prevention in Financial Systems
Pages
16
Time to read
21 mins
Publication
Language
English

Pages
16
Time to read
21 mins
Publication
Language
English
This research article explores the integration of ethical AI frameworks in fraud prevention within financial systems. It addresses challenges such as algorithmic bias, transparency, and privacy concerns while proposing a robust framework that utilizes Explainable AI (XAI) techniques. The study highlights the importance of regulatory compliance and a human-in-the-loop approach to maintain accountability, ultimately aiming to enhance fraud detection accuracy and build public trust in AI-driven fin