The AI arms race: How machine learning is disrupting financial crime

The financial services industry is in the midst of an unprecedented AI arms race. Criminal organizations are getting smarter, using cutting-edge tech to launch elaborate attacks on financial systems. In response, financial institutions (FIs) are turning to AI and machine learning (ML) to level the playing field. That’s right -- FIs are keeping pace with their criminal counterparts, thwarting malicious activity much more reliably and efficiently. Having spent my career at the intersection of finance and technology, I've seen the constant race to stay ahead of evolving criminal operations. Rules-based systems, while foundational, simply can't match the speed and adaptability… [Continue Reading]