By AML Intelligence Correspondents
WITH AI set to revolutionize the world of AML (anti-money laundering), compliance professionals must stay up to date.
In this free live webinar, Avalon Ingram, APAC head of payments at SWIFT, and Gion-Andri Büsser, co-CEO of IMTF, will demonstrate how AI is moving from hype, to real-world impact.
Registration for the event on November 11th at 10 AM BST, which is hosted by RegTech firm IMTF and AML Intelligence, is available [HERE].
IMTF and AML Intelligence designed this event specifically for compliance and risk professionals, offering practical insights on how to utilise AI.
Many financial institutions have rapidly embraced AI as a way to streamline compliance, while reducing costs.
However, many of these businesses run the risk of falling foul of regulators. For example, regulators fined German fintech Bunq €2.6 million last month over transaction monitoring issues after the company switched to an AI-focused system.
While the company is appealing the penalty, incidents such as these shows how companies must be careful to strike the right balance between AI automation and human oversight.
The webinar will explore how a hybrid AI approach – combining modern AI techniques with human-in-the-loop design – can be the best way forward for financial institutions.
Speakers will discuss how digital twins and AI-powered decisioning can enhance alerting. They will also explore how the technology can streamline case management, and elevate trust. At the same time, AI can also support auditability and operational efficiency – once there is the right balance with human oversight.
To secure your place at this expert briefing, register HERE.
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