Round Table: Leveraging AI for fraud prevention

NetGuardians organizes a Fraud Prevention and Financial Crime Round Table Event in Singapore in May 2019. The round tables are aimed for thought-leadership discussions exclusively for senior management in Asian private and retail banking.

Are we prepared?

Cyber fraud is projected to reach $6 trillion by 2021. While adoption of new technologies has created new channels to give customers a unique anytime anywhere banking convenience, this has also exposed banks to added risk both in cyber security and fraud. Bridging the gap between adapting new digital technologies and keeping the systems secure has become one the biggest challenges facing banks today.

Machine learning and artificial intelligence have had a huge impact on fraud detection and prevention changing the way in which we approach this. But what is AI and how do we distinguish myth from reality?

This session on “Leveraging AI for Fraud Prevention” by NetGuardians will look into this question and provide you a solid understanding on how banks worldwide are successfully implementing AI for this purpose”

The discussion will have an overall focus on how banks can leverage new AI to beat the fraudsters and safeguard their customers. This will consist of focus points around:

• Supervised vs unsupervised machine learning
• The usage of Big Data and how to achieve this
• Leveraging the four pillars of AI to maximize your technology
• Mapping this technology to meet regulatory requirements

The discussion is followed by social dinners that are intended to be a fantastic networking opportunity.

What: NetGuardians Round Table Event: Leveraging AI for Fraud Prevention
Where: Singapore
When: 30 May 2019
Who: Senior management from risk, compliance, fraud, financial crime, and operations in Asian private and retail banking