Question
What is the main feature of MuleHunter, launched by the
RBI?Solution
MuleHunter, launched by the RBI, is an AI and Machine Learning-based system designed to detect and address digital fraud involving mule accounts. Developed by the Reserve Bank Innovation Hub (RBIH) in Bengaluru, it uses data from all banks and payment operators to enhance fraud detection efficiency and reduce the prevalence of digital fraud.
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