NAB uses AI to trace suspicious financial transactions

The National Accountability Bureau (NAB) in Islamabad has introduced the use of AI to carry out financial fraud investigations, which will not only be a step forward in making NAB’s work practices reach international standards but will also improve efficiency and transparency. AI systems are being employed to analyze banking records, trace financial transactions and detect complex money trails more accurately and swiftly. Moreover, NAB is collaborating with the National Centre of Artificial Intelligence (NCAI) and through their advanced technical expertise AI-based investigative modules are being designed, meeting international standards and uncovering corruption cases all around Pakistan.