EPISODE · Apr 4, 2024 · 45 MIN
AI For Good: Stopping Financial Crime In Its Tracks and Protecting Your Money In The Age Of Innovation
from The FS Club Podcast · host Z/Yen Group
Financial crime is a global threat, costing businesses and consumers trillions annually. But what if we could leverage the very technology that fuels these crimes – Artificial Intelligence – to fight back?Join us for a webinar exploring the power of AI for Good in fraud and financial crime prevention. We'll delve into Featurespace's decade-long journey as an industry leader in AI-native fraud detection solutions for banks and financial institutions.Martina will unpack topics including: Unlocking the Power of Data Sharing: Discover how secure data collaboration can empower AI to identify and thwart fraudsters. Privacy by Design: We'll explore Featurespace’s cutting-edge and award-winning Privacy Enhancing Technologies (PETs) innovations that safeguard customer data while maximizing AI's effectiveness. Featurespace was a part of the PETS challenge and secured a place as one of the UK winners. The challenge was convened to drive innovation in Privacy-Enhancing Technologies that reinforce democratic values, and winners were announced at President Biden’s second Summit for Democracy in 2023. Introducing TallierLTM™: The Future of Fraud Detection: Learn about our groundbreaking generative AI (TallierLTM™) that anticipates and disrupts emerging fraud tactics. Against a backdrop of increasingly sophisticated fraud attacks, TallierLTM™ is the world’s first Large Transaction Model – it has been trained on billions of transactions and is already providing an improvement in Fraud Detection of up to 71% against industry standard models.
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AI For Good: Stopping Financial Crime In Its Tracks and Protecting Your Money In The Age Of Innovation
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