South African Revenue Services Syas AI Tool Saved Billions in Fraudulent Refunds

South African Revenue Services Commissioner, Edward Kieswetter, says the artificial intelligence tool they use to detect fraud has saved the fiscus billions of rands in fraudulent refunds. The revenue service has already paid out about ten-billion-rand in refunds to at least 1.6-million taxpayers, who were auto-assessed ahead of this year’s Tax Season. Kieswetter says they have worked extremely hard this past year to improve the accuracy of bulk data submissions: