AI ‘is’ up to the task of AML Compliance

For further information, contact Michael Doron (+1 (914) 954-4891, michael.doron@hawk.ai)

Sufficiency of valid money laundering case data and explainability of algorithmic outputs may raise questions about the application of artificial intelligence in seeking out suspicious activity but they are answerable, says Felix Berkhahn, Chief Data Scientist at HAWK:AI.