Artificial intelligence (AI) is poised to revolutionize compliance—and sooner rather than later. Already, firms are offering software platforms that promise to automate otherwise routine tasks and improve upon fraud detection audits, anti-money laundering protocols, and know-your-customer screening. But advanced automation isn’t without concerns and pitfalls. In this e-Book, produced by Compliance Week, we explore these pitfalls and how to overcome AI fears.
What’s more, with the proliferation of cyber-security attacks, developers of advanced AI security-monitoring solutions have emerged. Understanding when and how often monitoring solutions should be executed, however, presents trade-offs to be considered, which this e-Book also explores. Finally, this e-Book explores how AI is changing the face of compliance to incorporate cultural values into the hiring process.
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