What is Mulehunter.Ai, the AI tool RBI is promoting to detect and flag accounts used for financial fraud

RBI’s innovation arm, The Reserve Bank Innovation Hub (RBIH), is taking proactive steps to combat financial fraud by promoting the adoption of its AI-powered tool, “Mulehunter.Ai”, and is in talks with other banks to further the adoption of the tool, a top official has said.
According to a report by The Economic Times, RBIH CEO Rajesh Bansal revealed that Mulehunter.Ai has already been implemented by two major public sector banks and is currently in discussions with 10 more.