Artificial intelligence (AI) will prove invaluable in the banking landscape of the future. It will help us to crunch through the vast data stores being created every day, enabling us to perform smarter and faster analysis on the increasingly accurate information we gather about our customers. The Economic Crime Strategic Board was established for this purpose in the UK in January 2019, with data sharing as a priority. The board is urging the finance industry to work closely with law enforcement and government agencies to thwart the threat and protect customers. Financial crime is committed by increasingly sophisticated minds and technology.”]
Source: https://www.inforisktoday.com/blogs/ai-ultimate-weapon-in-fight-against-financial-crime-p-2852