UAE’s banking sector is rapidly advancing with real-time services, but so are the threats. Fraud losses topped $338M between 2021–2023, and compliance fines are rising sharply. Traditional fraud detection—based on static rules and historical data—is no match for today’s networked, fast-moving threats. As fraud and AML pressures converge, leading institutions are adopting real-time, adaptive, and network-aware systems to reduce false positives by up to 60% and cut investigation times by 80%. The shift isn’t optional—it’s essential for resilience, compliance, and trust in a digitized economy.
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