Artificial intelligence (AI) is a powerful, dynamic solution that offers benefits to help fight modern financial crime. Financial Institutions are increasingly utilizing AI-driven fraud, money laundering and risk management solutions to automate tasks, reduce false positives, and gain efficiencies. The financial industry has recognized that systems harnessing the power of AI will lead the way in financial crime management.
This enlightening infographic gives a high-level explanation of AI and the different types of AI, and also speaks to the prevalence and uses for AI in financial crime management systems.