E54: Why compliance teams can't afford to miss the AI train

In this week's episode, we speak with Patrick Skjennum, CTO of Strise, to delve deep into the fascinating world of Generative AI and its potential impact on the fight against financial crime.We uncover how Generative AI can revolutionize the financial industry, from combating financial crime to providing exceptional customer service. Patrick provides real-life examples of how companies are currently utilizing Generative AI in the financial sector, preparing you for the future of finance compliance.We also discuss how Generative AI can detect and prevent fraud, the challenges of using data for Generative AI models, and how to ensure transparency and ethical use of Generative AI in financial operations.Join us for an enlightening and comprehensive understanding of the emerging role of Generative AI and how it's changing the world of compliance. Tune in now to stay ahead of the AI game! Hosted on Acast. See acast.com/privacy for more information.