EastNets: Artificial intelligence - A brand-new generation of financial crime solutions

OT2 2017-10-19T10:45:00.000Z

roomCode
OT2
Room
Open Theatre 2
Date
-
Head of Product Management, Financial Crime & Compliance Risk
EastNets

With the continuously increasing regulatory requirements, and the nonstop pressure from Boards and Executive Management to minimize cost and increase profitability, approaches adopting conventional financial crime solutions solely are initiating their journey toward becoming obsolete. This is reinforced by the creativity and innovative approaches adopted by Financial Criminals. Whether in the domain of watchlist screening, AML transaction monitoring, or payments fraud, artificial intelligence is being positioned as an answer to several emerging concerns in the domain of financial crime and compliance risk management.

Stream