As the digital world evolves, financial fraud is becoming increasingly sophisticated. To address this issue, many organizations have begun to employ artificial intelligence (AI) technologies. In the field of fraud detection, AI is revolutionizing the way financial crimes are identified and prevented. By leveraging machine learning algorithms, AI can learn from vast amounts of data, handling both structured and unstructured data to identify anomalous patterns. AI can create user profiles, monitor transactions in real-time, and promptly detect fraudulent activities. Additionally, AI is continually improving to reduce false positives, finding a balance between catching fraud and providing a seamless user experience. AI has emerged as a powerful tool for financial institutions to safeguard transactions and build customer trust.