Why Nigerian Fintechs Are Losing the Fight Against AI-Powered Fraud — And What Actually Works

The fraud problem isn’t new. The weapons are. Continue reading on Medium » — Anton Erpulev: Nigerian fintechs are losing an estimated 5% of transaction volume to AI-powered fraud, and most are fighting back with the wrong tools. The article highlights something I've seen play out in emerging cryp…

Source: adesanyaayomide.medium.com

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• Anton Erpulev, CEO & Co-Founder at PowerSun Market: Nigerian fintechs are losing an estimated 5% of transaction volume to AI-powered fraud, and most are fighting back with the wrong tools. The article highlights something I've seen play out in emerging crypto markets: fraud detection systems built for one threat landscape completely collapse when…