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flag India's central bank promotes AI tool Mulehunter.AI to fight financial fraud via mule accounts.

flag The Reserve Bank of India's innovation arm is pushing for more banks to adopt its AI tool, Mulehunter.AI, to combat financial fraud through mule accounts—bank accounts used for illegal fund transfers. flag Already adopted by two major public sector banks, Mulehunter.AI shows better accuracy and faster detection than traditional methods. flag This tool aims to reduce significant financial losses from cyber fraud in India.

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