Artificial intelligence: Risks and benefits for compliance

Provided by Socure2020-08-19T07:45:00+01:00

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Artificial Intelligence (AI) tools are being deployed in numerous areas by financial institutions and broker-dealer firms. This e-Book explores some of the ways AI tools are being used, examining the efficiencies gained and benefits found—as well as some of the technology’s pitfalls.

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SocureSocure provides a real-time predictive analytics platform that combines the newest forms of machine learning and artificial intelligence with digital, offline and social identity data to deliver the most accurate and robust KYC, identity verification and fraud risk prediction solution in the market. Socure deploys its advanced identity verification robot across email, phone, online/social, address, IP, physical documents and traditional offline proprietary predictors to help clients better assess identity risk and substantially increase acceptance, reduce fraud losses, and optimize manual review/step up authentication for transactions and applications in the digital world.View full Profile

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Compliance Week accepts outside contributions from corporate chief compliance officers and other senior-level GRC practitioners. To learn more, contact Editor in Chief Kyle Brasseur.

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