#kyc Tech News.
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AIHacker Noonabout 7 hours ago
AI KYC Systems Fail at Judgment CallsAI models tested by Harvard, MIT, and Johns Hopkins researchers deviated from human judgment in KYC scenarios, with refusal rates diverging across 48 to 60 of 60 scenario-severity combinations. Fine-tuning GPT-4o on human explanations still left a 15.9% average deviation. The FCA fined Monzo £21,091,300 for anti-financial crime control failures.
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