Tagged: dave burns

Dave Burns, CRO at Napier AI, Says There’s Huge Potential for What Artificial Intelligence Can Bring to AML

August 15, 2021 @ 7:59 pm By Omar Faridi |

In the fast-evolving digital economy, money laundering and financial crime have been increasing quite rapidly as regulation and banking processes struggle to address the rise in “criminal innovation.” Because of these developments, financial institutions have to respond quickly and effectively, by utilizing the appropriate tools… Read More

Read more in: Fintech, Global, Opinion, Regtech & Legaltech | Tagged ai, aml, artificial intelligence, banking circle, dave burns, digital transactions, digital transformation, europe, financial crime, financial institutions, money laundering, napier ai

Banking Circle Survey: 42% of Senior Bankers Say Outdated Tech Is Major Hurdle in Adopting AI to Improve AML Processes

March 19, 2021 @ 7:24 am By Omar Faridi |

Banking Circle, a financial infrastructure developer, notes that the rapid and widespread digital adoption by banking clients, and the accelerated digitalization across financial services following the COVID-19 outbreak have “expanded the opportunity for fraud.” Criminals are increasingly exploiting “gaps” found between digital solutions or platforms,… Read More

Read more in: Fintech, Artificial Intelligence, Regtech & Legaltech | Tagged aml, anti money laundering, banking circle, compliance, dave burns, digital financial services, feedzai, financial services, livia benisty, napier ai, regtech, regulatory technology