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The company said that its new advanced AI model, Decision Intelligence Pro, will allow banks to better assess suspicious transactions on its network in real-time and determine whether they’re legitimate or not.
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“We are using the transformer models which basically help get the power of generative AI,” Bhalla told CNBC in an exclusive interview earlier this week. “It’s all built in house we’ve got all kinds of data from the ecosystem. Because of the very nature of the business we are in, we see all the transaction data which comes to us from the ecosystem.”
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