Yooz: Announced the launch of YoozProtect

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Yooz: Announced the launch of YoozProtect

  • Yooz launched new functionality to its solution based on Machine Learning and Artificial Intelligence that can prevent fraud easily
  • Several large-scale cases recently highlighted the fraud issue, costing businesses such as Google, Facebook, Dell and Microsoft millions of pounds in fake invoices
  • The multiplication of invoice fraud cases Patisserie Valerie and several London Art Galleries demonstrates the wider vulnerability in this area
  • The digital era offered new ways for culprits to prepare and conduct fraudulent operations
  • YoozProtect solution secures financial processes and data and acts as a true compliance facilitator across three fields of action
  • The post Yooz Leverages Artificial Intelligence to Help UK Businesses Tackle Invoice Fraud appeared first on The Fintech Times