AI SOLUTIONS MOOTED FOR CUSTOMER DUE DILIGENCE – BUT UPGRADING PRESENTS CHALLENGES
June 1st, 2018
FINTECH firms are pushing new artificial intelligence (AI) solutions for customer due diligence (CDD) but AML reporters and regulators are wary about integrating them with legacy systems.
Such reluctance is a pity, said Dan Adamson, DDIQ president and global head of cognitive computing at New York-based Exiger, given the increasingly vast amount of data generated by existing non-AI IT. DDIQ is an AI-based due diligence solution.
His company offers effective AI and machine learning-based systems to assimilate information from multiple big data and third-party ...
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