Humans vs. machines, it all comes back to data
In the debate over whether humans or machines will lead future efforts to fight financial crime, there’s only one correct answer:
That determination was reached by a panel of experts discussing trending topics in the compliance space during the opening keynote at Compliance Week’s Europe conference in London on Tuesday.
Paul Eccleson, chair of the audit and risk committee at National Museums Liverpool, and Ben Rayner, an anti-financial crime expert who serves as regional head for the United Kingdom, Ireland, Middle East, and Africa at artificial intelligence-powered startup Silent Eight, shared their views as part of a session moderated by James Rickett, course director, global lead anti-money laundering and sanctions compliance at training provider the International Compliance Association.
“Our organizations are only as strong as the data we hold,” said Rickett.