How Intelligence & Data Sharing Can Help Institution’s Defense Against FC
About this event
TCAE is excited to invite Sujata Dasgupta, Global Head of Financial Crimes Compliance at Tata Consultancy Services (TCS) to share her insights on the topic FinCrime intelligence sharing. Financial institutions (FIs) across the world have been working in isolation in their fight against financial crimes, while criminals are organized in networks across countries and jurisdictions. Data privacy regulations, e.g. GDPR in Europe; The Privacy Act in Canada, restrict sharing of customer information among FIs without the formers’ consent. While Regulators are working on ways to resolve this conflict, innovative solutions are being conceived to share FinCrime intelligence and data among industry participants for enhanced prevention, detection and risk management of such crimes. In this session, the speaker will explore the challenges and emerging solutions for leveraging shared data and intelligence, and why this will be a significant tool to disrupt fincrimes in the new decade!
- Understand the significance and impact of interbank collaboration in fighting FinCrime
- Challenges in sharing data across institutions
- Emerging solutions for intelligence sharing