A new artificial intelligence (AI) portal has been developed in Malaysia to tackle the rising issue of scams in the country. The portal, known as “Check Scam”, aims to empower consumers by providing them with a platform to verify the legitimacy of businesses and transactions.
Developed by the Supply Chain Report, a leading provider of supply chain intelligence and solutions, the AI portal utilizes advanced algorithms to analyze and cross-reference data from various sources, including government records, consumer complaints, and financial transactions. This comprehensive approach enables the portal to identify potential scams and fraudulent activities more effectively.
The Check Scam portal offers users a user-friendly interface where they can input details of a business or transaction they are suspicious of. The AI then processes this information and generates a report indicating the likelihood of the entity being involved in fraudulent practices.
According to the developers, the primary goal of the AI portal is to provide consumers with the necessary tools to make informed decisions and protect themselves from falling victim to scams. By leveraging the power of technology, the portal aims to create a safer and more secure environment for consumers to conduct their business transactions.
In addition to empowering consumers, the Check Scam portal also serves as a valuable resource for law enforcement agencies and regulatory bodies in their efforts to combat fraud. By providing real-time insights into fraudulent activities, the portal enables authorities to take swift action against perpetrators and prevent further harm to consumers.
The development of the AI portal comes at a critical time for Malaysia, as the country grapples with an increasing number of scams targeting unsuspecting individuals. With the Check Scam portal now available, consumers have a powerful ally in the fight against fraud, helping to safeguard their interests and preserve the integrity of the marketplace.
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