AI is the Future, but is it Worth the Cost Today?
Although AI has existed for decades, it’s a technology still rife with misconceptions, particularly when it comes to AML and Compliance. For all of us in Financial Crime the topic of Artificial Intelligence — both its potential to unleash change, and its real-world applications — is no longer new. With major institutions like Standard Chartered and HSBC now relying on AI as the core of their Alert Resolution, it’s becoming even more clear that AI is the future. But that doesn’t mean legitimate concerns such as cost, transparency, and oversight have been fully addressed. Join us Tuesday, March 30, 2021 at 1pm EST to hear global banking leaders discuss the industry-changing power of AI and more in a lively webinar moderated by renowned Financial Crimes Compliance expert Sujata Dasgupta of Tata Consultancy Services Ltd, recently named Waters Technology’s Risk Professional of the year 2021. In this webinar you will learn:
- What should BSA and AML teams expect from today’s AI?
- When is the right time for a bank to consider AI?
- Do modern AIs have adequate Oversight & Controls?
- Can AI be suitable for AML?
- Where does AI fall short today?