**What is the role of artificial intelligence in fraud detection?**
Artificial intelligence (AI) plays a crucial role in fraud detection by using advanced algorithms to analyze patterns in transaction data. AI systems learn from historical data to identify anomalies that may indicate fraudulent activity, such as unusual purchase locations or transaction amounts. Machine learning models improve over time as they adapt to new fraud tactics and techniques. Moreover, AI enables real-time monitoring, allowing organizations to respond quickly to potential threats, significantly reducing financial losses and improving overall security measures.