As part of Nasdaq’s Singapore Fintech Festival coverage, Darren Innes, Head of AML Technology at Nasdaq, spoke about why advanced machine technology matters to the operation of FCC teams, the ...

Test pilots Machine learning for AML has to begin somewhere, but benchmarking it can be problematic in the early years. A poll of webinar listeners suggested, when piloting new applications, that ...

Canada’s No. 2 bank to spend $500 million this year and comparable amount next year on its AML program after it was hit with ...

In an era where financial crimes grow increasingly sophisticated and regulatory scrutiny intensifies, financial institutions ...

Prior to 2018, regulators resisted recommending the use of Machine Learning (ML) based Artificial Intelligence (AI) for AML compliance. There was a mindset shift in mid 2018 indicating that ...

These machine learning platforms and ecosystems have created a new segment of the market for fraud and AML detection solutions.

It’s no surprise banks are drafting in robots to help – machine learning tools, for example, seem ideally suited to weeding out suspicious activity. It can, however, be hard to explain how some forms ...

Learning from Swedbank: Scrutinise AML processes to prepare for 6AMLD In a report released March this year, Swedbank was found to have carried out €37 billion of high-risk payments over a five ...