ACFE report says generative AI and biometrics key to fighting fraud, now and in future

It could not be put more plainly: “in 2024, using technology as part of an anti-fraud program is a necessity.” So says the 2024 Anti-Fraud Technology Benchmarking Report, newly released by the Association of Certified Fraud Examiners (ACFE) in partnership with SAS. Recent attention paid to generative AI has often cast it as a threat: enabler of sophisticated biometric fraud, crippler of free and fair elections, toxic solvent of reality. But the 2024 benchmarking report shows that …

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