Tag: anomaly detection

The relentless advancement of artificial intelligence (AI) in banking is a game-changer in the ongoing war against financial crime. Financial institutions of every size...

The ongoing AI revolution is indisputably transforming risk management and customer identification processes (KYC), even though human input remains pivotal to these functions.

The role of AI has ballooned in recent years, and the recent introduction of GenAI platform ChatGPT has seen the sector soar further.

A familiar predicament haunts the global payments landscape: can financial institutions outgrow their compliance issues without stretching resources to the breaking point? Scaling staff often means soaring costs and growing complexity. RegTech company Hawk AI has outlined how it helped an payment processor improve their operations.