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Aviva has uncovered a record £230 million in insurance fraud and is deploying AI tools to counter increasingly sophisticated fraud schemes. The insurance giant is using machine learning to detect anomalies and flag suspicious claims in real time.
Neuramancer AI Solutions GmbH has raised €1.7 million in pre-seed funding to commercialize its deepfake detection platform, initially targeting the insurance industry. The startup leverages explainable AI to comply with European regulations and combat fraud.
