Resources

AI in Action

 

QuantaVerse Begins Fast Track Program for High-Risk Entity Reviews

QuantaVerse, a company that uses machine learning and AI to identify financial crime, has introduced a new fast-track program for High-Risk Entity Reports (HRER).

Finance Feeds (Read More)

 

How Artificial Intelligence Can Help Overcome Challenges in Correspondent Banking Relationships

Artificial intelligence-based systems, unlike TMS, can detect patterns of behavior, analyze the intent of those patterns and expose anomalous activities. For example, transactions that do not follow the usual frequency and directional patterns expected for a given type of account may not be flagged by a TMS, but would be identified with an effective AI solution.

ACAMS Today (Read More)

 

How can banks be used to stop human trafficking?

Human trafficking is devastating for the victims but low-risk for the criminals, whose activities are largely hidden from view. To disrupt it, law enforcement is turning to some unlikely new partners—banks.

The Economist (Read More)