Artificial intelligence based fraud detection in various fields on overview

Fraudulent activities are involved in different areas of society, including finance, internet business, medical services, and then some. Traditional methods of fraud detection and prevention often fall short in identifying and mitigating sophisticated and rapidly evolving fraud schemes. This paper investigates the role of artificial intelligence (AI) in upsetting fraud detection and prevention. We delve into the key AI techniques, their applications in different industries, challenges, and the future of AI-driven fraud prevention systems. Keywords: Artificial intelligence (AI), Convolutional Neural Networks (CNNs), Recurrent Neural Networks (RNNs)