AI AML SYSTEMS GROWING IN POWER – BUT IMPLEMENTATION AND CONFIGURATION STILL A CHALLENGE
January 1st, 2019
ARTIFICIAL intelligence (AI) maybe the focus of hype in anti-fraud circles, but specialists insist that as AI systems are refined, they will create effective tools for financial institutions, governments and large companies.
Sundeep Tengur, London-based banking fraud and financial crime specialist within the global fraud and security practice of US-headquartered analytics software producers SAS Institute Inc, noted in a blog on the Fintech Extra site last April last year that the financial services industry has witnessed “considerable hype” around ...
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