Financial institutions globally have invested heavily in anti-financial crimes strategies and the tools used to report potential risk to regulatory authorities. But so have their adversaries. How are institutions employing emerging tech such as AI/ML to create more effective fraud defences?
David Stewart, Global Director, Banking Fraud & Security Intelligence and Keith Swanson, Director of Fraud, Financial Crimes and Security Intelligence, Asia-Pacific & Japan spoke to Information Security Media Group to discuss:
- Global trends in AML and financial crimes compliance
- AI and other emerging technologies now driving AML and anti-fraud defences
- How financial institutions should be preparing for the future of financial crimes and compliance