Practical uses of AI and machine learning in the fight against financial crime
In this session Luca Primerano discusses the current challenges facing financial institutions and compliance teams. He explores where, when, and how AI and machine learning can help to overcome them.
Traditional methods and legacy technologies can be big inhibitors to progress, unable to cope with the huge increase in global transactions and leaving data siloed between systems and departments.
AML compliance teams face an uphill battle to meet regulatory requirements and the ever-increasing associated costs.
AI has long been touted as a potential silver-bullet solution, but where are we currently and what part can AI play in the future of AML compliance?
Luca talks through the landscape and explains how AI is being implemented by his team in innovative compliance solutions.
Watch his talk below.
Looking to bring your AML processes into the future?