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RBC is using AI to send warning messages about possible scams during Interac e-Transfers.

ProductRead the original at newswire.ca
Good for RY

RBC launched AI warnings for customers sending Interac e-Transfers. They may help protect customers, but the story reports no change in fraud losses or profits, making this a modest positive.

RY · Royal Bank of Canada

AI read · Good for RY

The AI's read

This gives RBC another way to protect customers during a payment, which may strengthen trust in its online banking. The story reports no change in fraud losses, customer use, or bank profits, so the benefit remains unmeasured.

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