Innocent people losing bank accounts thanks to AI lawyer warns
Artificial intelligence and heightened sensitivity about fraud are causing banks to shut down the accounts of innocent people, a lawyer has warned. High-profile cases involving Jeremy Hunt and Nigel Farage have led to ministers calling for an urgent review of how banks treat politicians. But Jeremy Asher, a solicitor at law firm Setfords, said members of the public were also having their lives ruined by the sudden and unexplained closure of their bank accounts thanks to problems with the way banks guard against the risk of fraud. SuspicionsRead More