Posted by Brian Kindle - 01/26/2024
AI and the Fight Against FinCrime – Trends and Opportunities in Emerging Tech
It’s been over a year since generative AI tools like ChatGPT exploded into the mainstream, capturing the public’s imagination. Since then, what has changed for financial crime compliance programs seeking to harness these emerging technologies?
The answer is multifaceted – from increasing regulatory acceptance of tech innovation to a growing number of use cases in investigations and compliance functions, the AI landscape is evolving rapidly.
In this episode of the Financial CrimeCast, ACFCS connects with Elsie Pan and Samrat Jain, industry leading technology specialists of the PwC Financial Crime Unit, to understand the current realities of emerging tech in financial crime prevention, how financial institutions are addressing long-standing challenges, and where they see low-risk and high-reward opportunities for AI use at financial institutions of all sizes.
How can GenAI and other tech enable your compliance program to become more efficient and proactive? Are data quality issues still the major challenge to making effective use of AI applications? What skills do you need to ride the wave of new technologies? Hear answers to these questions and many more in this dynamic conversation:
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