The promise of generative AI as a tool for investigating financial crime
As generative AI promises to remake entire professions, it’s still unclear what the new technology will mean for financial crime. The wide availability of image-generation tools has made the materials for deep-fake identity fraud widely available, but it’s also revealed new possibilities for tracking and investigating financial crime at scale.
With AI, decision-making is now faster, but leaders are still responsible for outcomes, even when those outcomes are generated or influenced by algorithms
Restoring everything at speed after a ransomware attack often means that teams become overloaded, timelines slip and systems are brought back before they’re safe
Businesses face a major risk if they trust models that miss direct observation of what is happening on the floor of a factory or within a company’s operations
There is a pattern that many CIOs and procurement teams are having to confront: buying a product licence no longer guarantees feasible perpetual ownership
Brian Fahey, CEO of MyComplianceOffice, summarises a recent webinar on the future of compliance in the financial services industry with Dane Pedro, Head of Compliance at Mollie, and Marili Anderson, Head of Compliance SMF16 at Rabobank