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The Commonwealth Bank of Australia says generative AI tools
have helped it lower frauds by 30% and reduce call center customer
wait times by 40% in 2024 (Harry Brumpton/Bloomberg)​ 
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Mission LiFE

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pml Harry Brumpton / Bloomberg:
The Commonwealth Bank of Australia says generative AI tools have helped it lower frauds by 30% and reduce call center customer wait times by 40% in 2024  —  – Customer scam losses at Commonwealth Bank cut in half  — CEO Matt Comyn says many more AI use cases in development

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