Fraud & Anti-money laundering (AML) is another area where banks are beginning to tap into the power of AI. With hundreds of thousands of wire transfers a day totalling trillions of dollars—not to mention the various privacy laws designed to protect customers—it’s almost impossible to identify every instance of money laundering. Nevertheless, banks are required to do everything possible to identify and help combat money laundering.

While banks have been using rule-based software to identify money laundering for some time, AI offers a significant improvement as it learns, grows and adapts with each experience. Much of this is due to AI’s ability to process large quantities of data and see trends, patterns and outliers in a much larger context than the average human could easily discern.

Over the years, our events have drawn in professionals from every corner of the globe, including C-suite executives, compliance officers, data scientists, and law enforcement officials. These conferences have featured an illustrious lineup of hundreds of renowned speakers, each contributing invaluable insights into the ever-evolving landscape of fraud prevention and AML.

But the Fraud & AML Conference Series is more than just a forum for knowledge exchange; it is a thriving hub for networking and collaboration, forging connections among professionals, organisations, and leading technology providers. With strong partnerships in the industry, our conferences offer attendees the opportunity to explore groundbreaking solutions and innovations that are shaping the future of financial security.

Join us at the AI Fraud & AML Conference Series and become part of a global community dedicated to safeguarding financial systems, fostering innovation, and staying at the forefront of the fight against financial crimes.