New AI Tool 80% Accurate In Identifying False Burglary Claims

A new artificial intelligence system can now help insurers and the police identify fake robbery claims. Developed by researchers from Cardiff University and the Charles III University of Madrid, the AI system “VeriPol” utilizes automatic text analysis and machine learning to identify false statements. The developers claim that VeriPol is quite accurate with its verification process, “with over 80% accuracy.” The AI tool is capable of analyzing written statements to recognize patterns which are typically associated with false statements. Statements the AI looks out for include the kinds of items allegedly stolen, the descriptions given of the purported attackers, and even the “finer points” of an incident, the researchers explained.