Exiger President of Global Technology Markets Speaks on Expert Panel at Singapore FinTech Festival [Replay]
Is data analytics the future of financial crime prevention?
Financial institutions are increasingly looking to data analytics solutions to prevent and detect the abuse of their services by criminals. Such novel and untested solutions carry great promise, but also potential pitfalls, and may require vast amounts of data. How should the industry ensure that the new systems they deploy will be more effective, as well as explainable and fair? How can information be efficiently and safely pooled? And what kinds of infrastructure institutional frameworks, technology platforms and talent do we need?
Exiger President of Global Technology Markets Brandon Daniels and a panel of global industry experts took the Singapore FinTech Festival mainstage to dissect the cutting-edge (and bleeding edge) techniques being used by financial institutions today - and what they mean for tomorrow.
DBS Group Head of Compliance Chee Kin Lam emphasized that by being the good guys - banks, governments, regulators, and technology partners together should be on the same side in order to tackle financial crime. But how do financial institutions get the help they need?
Watch the full replay below to understand how data analytics solutions can effectively manage scalability and filter through vast amounts of data to detect and prevent financial crime.
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- Graphic summary of the panel by Idea Ink: