Artificial Intelligence for Risk Reduction in Banking: Current Uses (18/30)

List item

Submitted to "Top Fintech News Daily 2020: Week #3 (Open list) (30 submissions)"

Approved

by Christophe Langlois Jan 20, 2020, 11:47 am

Artificial Intelligence for Risk Reduction in Banking: Current Useshttps://t.co/shpYxP8Zir @Medium @rshroff10 @Keepabl @sphonic @RitenGohil @neirajones @thepower_50 @RJBaugh @JimMarous @nicola_cowburn @clausematch #AI #fintech #regtech #cybersecurity #compliance #fraud pic.twitter.com/hsjwQLm8sj
— 🆑 Christophe Langlois (@Visible_Banking) January 17, 2020

“Banks are investing heavily in artificial intelligence for risk reduction, namely fraud detection, compliance and cybersecurity. In machine learning terms, these are applications of anomaly detection techniques. We will look at how three banks — HSBC, JPMorgan and Danske Bank use AI to combat fraud, comply with anti-money laundering (AML) regulation, and shield against cyber threats.”

Source: Towards Data Science

What do you think?

0 points

Upvote Downvote

Written by Christophe Langlois

Based in London for almost a decade, Christophe is an entertaining fintech marketing keynote speaker and a trusted advisor to the global financial services industry on the topics of digital marketing, innovation and B2B social media.

Christophe has contributed to over 140 events in 18 countries.

Currently, Christophe is advising a number of fintech startups on marketing and growth hacking and he is the Chief Marketing Officer of The Fintech Power 50, an exclusive annual programme helping fintech scale-ups to accelerate their growth globally.

Christophe's views on VisibleBanking.com are his own.