RegTechONE makes possible ‘Directed Intelligence’ for in-house trained AI for AML/KYC
Artificial Intelligence (AI) has surged in interest as a tool for fighting financial crime (FinCrime). Financial institutions are seeking solutions that improve outcomes and lower costs. But when everyone claims everything about AI in FinCrime, how do you sort out what makes sense?
RegTech Insight by the A-Team Group has recognized that challenge, and they have named a list of Thought Leaders to Watch: AI in FinCrime Prevention. AML Partners is proud to be one of RegTech Insight’s Thought Leaders in AI for 2024. Check out their AI for FinCrime prevention analysis to learn more.
“We greatly appreciate being named an AI thought leader,” CEO Frank Cummings said. “This rush to AI for FinCrime prevention needs go deeper than AI for the sake of AI. Institutions need to retain control and apply logic. Bottom line: It’s your risk, so mitigate it with your data.”
In that spirit, AML Partners has been spearheading ‘Directed Intelligence’ on their RegTechONE platform for AML and GRC.
“RegTechONE users can leverage Directed Intelligence,” Cummings said. “They can train their AI with their own data and their own decision-making. This remains crucial for anti-money laundering compliance in the context of a Risk-based approach.”
Directed Intelligence–The in-house foundation for training your AI for FinCrime Prevention
To learn more details about Directed Intelligence on the RegTechONE platform, check out this blog article: “Directed Intelligence: Your Bridge from Legacy AML to In-house Trained AI.” And to talk about your specific interests, schedule a conversation with us.
