The Role of AI in Mitigating Credit Risk for Credit Managers and Reducing Default Rates
Emagia
MARCH 15, 2024
Businesses that follow traditional reactive strategies in OTC processes may find it difficult to collect at-risk future invoices, likely leading to large invoices going delinquent. Studies estimate that the worldwide spending on AI-enabled financial fraud detection platforms will exceed $10 billion by 2027, increasing from just US$ 6.5
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