As fraudsters continue to refine their tricks, anti-fraud methods also continue to be upgraded. The Australian startup “Apata” trains an artificial intelligence anti-fraud robot to disguise itself as a victim, chat with the scammer, extract information, and then provide the obtained information to banks and other relevant institutions for anti-fraud use. Apate is headquartered in Sydney, Australia. According to its official website, this is the world's first independent anti-fraud information platform. The company's AI anti-fraud robot can detect fraudulent phone calls and text messages from the source and intercept them before the scammer contacts the real victim. Not only can they answer scam calls and respond to scam text messages and emails, they can also track phishing links and join social media groups.

Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.