Money Laundering Finally Meets Its Match – Federated Learning Will Change the Game

In this contributed article, Laurence Hamilton, Chief Commercical Officer, Consilient, discusses the next generation federated learning solution for financial crime detection. Such a solution will help enable banks and other financial institutions to detect high-risk entities and behaviors by sharing insights across different data environments and organizations.

Symphony AyasdiAI Launches Next-Generation AI Solution for Anti-Money Laundering

Symphony AyasdiAI announced the launch of Ayasdi AML, an advanced anti-money laundering (AML) solution that significantly boosts efforts to combat fraudulent money laundering schemes. Ayasdi AML uses state-of-the-art unsupervised machine learning technology to increase detection accuracy and reduce investigative volumes by more than 20 percent.