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AI in Financial Services Podcast

Reducing False Positives for Anti-Money Laundering - with Scott Nowson of PwC

01 Jul 2022

Description

Today we are discussing the topic of anti-money laundering, a primary regulatory concern for financial services organizations. Our guest is Dr. Scott Nowson, Artificial Intelligence Leader at PwC. PwC is one of the largest financial services companies in the world. In this episode, Scott dives in on reducing false positives for anti-money laundering. Whether you're focused on cyber security, payment fraud, or financial crime, the work of analysts is primarily looking at elements that inherently don't have any risks. They have to dig through things like our transactions and online activity to identify cases that represent a financial and regulatory risk. Scott emphasizes how artificial intelligence impacts the analytics experience before and after. To access Emerj's frameworks for AI readiness, ROI and strategy, visit Emerj Plus: emerj.com/p1.

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