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Cyber Security

FIS partners with C3 AI to offer a line of AI-based risk solutions

The AML Compliance Hub leverages C3 AI’s advanced machine learning technology, combined with the deep financial industry domain expertise of FIS. The machine learning-based platform aggregates and analyzes client data across disparate systems to enhance AML and KYC processes, improving decision-making and reducing false positive alerts. 78% of capital markets firms plan to invest in AI in 2021 to advance their strategic goals, according to the FIS Readiness Report. The FIS Compliance Hub provides a dashboard view where users can view reports and receive alerts as to key risk drivers and suspicious activity.

Source: https://www.helpnetsecurity.com/2021/06/18/fis-c3-ai/

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