Webinar: AI in AML: Navigating the New Frontier in Banking Compliance
As the financial sector struggles with increasing regulatory scrutiny and complex financial crimes, AI offers a strategic advantage, enhancing compliance with its unparalleled efficiency, accuracy, and agility.
Led by NetGuardians’ CTO Jérôme Kehrli and AML Product Manager Jerusha Pegg, this session will delve into how AI can integrate with existing AML frameworks to significantly reduce false positives and improve detection capabilities, ensuring that financial institutions can effectively combat emerging threats while avoiding costly penalties.
Key Highlights:
- Strategic AI Integration: Beyond the hype, discover how AI can seamlessly integrate with existing AML frameworks, enhancing rule-based systems with advanced analytics and machine learning models.
- Reducing False Positives: One of AI’s most significant impacts lies in its ability to drastically reduce false positives, a common pain point in traditional AML systems. By doing so, AI frees up valuable investigator resources, allowing them to focus on genuine threats and improving the quality of financial crime investigations.
- Enhanced Detection and Compliance: Learn how AI capabilities and pattern recognition can uncover complex money laundering schemes earlier and more accurately than ever before. This not only aids in preemptive action but also significantly reduces the risk of regulatory fines and reputational damage.
- Demystifying AI in AML: Our experts will demystify AI for AML, presenting practical examples that illustrate AI’s tangible results in real-world banking scenarios. Participants will gain insights into explainable AI, ensuring transparency and accountability.
Jerusha Pegg
AML Product Manager
NetGuardians
Jérôme Kehrli
CTO
NetGuardians
