Government Executive12h
AI tools helped Treasury recover billions in fraud and improper payments
Risk screening, check fraud detection and more have helped the government recover more than $4 billion, Treasury announced.
The US Treasury is using AI (a vehicle for fraud) to detect fraud
AI has been used to defraud people through everything from calling voters to faking celebrity giveaways. Now, the US Treasury ...
AFP on MSN14h
US budget deficit widens to $1.8 tn, third highest on record
The United States on Friday reported a budget deficit of $1.8 trillion for the past year, widening from 2023's level on ...
Federal deficit rises to $1.8 trillion in fiscal 2024, adding to fiscal peril facing nation
The Treasury Department announced that the federal budget deficit rose to $1.8 trillion for fiscal 2024, which ended in ...
Cherokee Phoenix13h
US Department of the Treasury announces awardees under innovative $75 million small business grant program
On Oct. 8, the U.S. Department of the Treasury announced awardees receiving funding to support small business growth through ...
decrypt22h
Machine Learning AI Helped Detect $4 Billion Worth of Fraud in 2024, Says US Treasury
The U.S. Treasury says it increased detection and prevention of fraud by six-fold, to $4 billion, in 2024 thanks to machine ...
Why Has US Sanctioned 2 Indian Nationals Over Ties With Network Of Houthis
Since the Israel-Hamas war erupted in the Gaza Strip a year ago, the Houthis have targeted shipping throughout the key Red ...
justthenews8h
Feds end 2024 with $1.8 trillion deficit; national debt nears $36 trillion
"We expect the federal government to run large fiscal deficits that average around 7% of GDP per year over the next five ...