Anti-Money Laundering (AML) , Fraud Management & Cybercrime
Defining and Refining Next-Gen AMLDavid Stewart of SAS on the Tools and Technologies Deployed to Fight Financial Crimes
As the financial payments landscape shifts, and as fraudsters employ new technologies and techniques, institutions are deploying a next generation of anti-money laundering defenses. David Stewart of SAS defines next-gen AML and how to embrace it.
In a video interview with ISMG, Stewart, the Director, Fraud and Security Practice - Banking for SAS, discusses:
- What next-gen AML means for regulated entities;
- The role of machine learning and other emerging technologies;
- Trends such as financial crimes convergence and fraud fusion.
Stewart leads strategy development, guides product management and provides key marketing counsel for fraud and compliance solutions worldwide. In addition to working closely with many of the world’s leading financial institutions and regulatory agencies, Stewart collaborates with SAS research and development and delivery teams to deploy industry best practices for financial crimes solutions. Stewart leads a team of global subject matter experts with industry experience in preventing fraud and managing financial crimes risk.
During the past 15 years, Stewart has hosted SAS’ annual Counterterrorism and Financial Crimes Forum co-sponsored by the US Department of Justice and a number of global financial institutions. Previously, Stewart served as the Global Account Manager for one of the world’s largest financial institutions. He has collaborated extensively with industry to bring data mining and machine learning capabilities to market for credit analytics, customer intelligence and financial crimes applications. Stewart has 30 years of financial services industry experience specializing in enterprise analytics.