AI - Powered Financial Fraud Detection and Prevention Framework

A financial fraud detection system which relies on AI technologies makes use of advanced machine learning and artificial intelligence techniques to detect and avoid fraudulent activity in financial transactions. The system is designed to be very effective in the analysis of large data with a minimal potential of false positive ensuring that genuine transactions are not wrongly categorized as fraud. New data is integrated into the system automatically without any thrashing improving algorithms as time passes. Also adversarial learning techniques are included to subdue changes in fraud model, which would allow the system to be able to fore see and counter any potentially threatening adversaries learning the counter fraud strategies that evolve along with time. This system is capable of operating either independently or being incorporated within the existing finance system and there is no requirement of manual effort or real time training of employees to prevent or control fraud.