by Gerardo Salonia | Feb 26, 2020 | Artificial Intelligence, automation, Banking, Financial Industry
This article was co-authored by Mile Dragosavac. Financial institutions are obliged to perform know your customer (KYC) due diligence when on-boarding a new customer, and on a periodic basis with existing ones. The goal of periodic reviews is to keep information...
by Gerardo Salonia | Jan 20, 2020 | Artificial Intelligence, automation, Banking, Financial Industry
In part I of this series, we learned about the background of KYC/ AML sector and understood the similarities and differences between AI, machine learning (ML) and robotic process automation (RPA). In this article we will explore the applications of these technologies...
by Gerardo Salonia | Jan 15, 2020 | Artificial Intelligence, Banking, Disruptive technologies, Financial Industry
Co-authored by Ana Carolina Cruz Aguilar and Mile Dragosavac. Anti-money laundering (AML) is a complex and regulated field involving composite data and intricate workflows. With tighter regulations and a prevailing reliance on manual processes, the heat is on for...
by Gevorg Karapetyan | Nov 22, 2019 | Artificial Intelligence, automation, Banking, Disruptive technologies, Financial Industry, Innovation
At the crossroads of corporate strategy and finance lies valuation1. Primarily, it helps in determining the resale value, potential mergers and acquisitions or sourcing funding for the firm. Since it needs in-depth analysis by professional services, advisory houses or...
by Constantine Polites | Nov 6, 2019 | Banking, Blockchain, Digital, Financial Industry, Supply Chain
Yannis Bakos is a professor at New York University’s Stern School of Business and a research fellow at MIT’s Initiative on the digital economy. He recently spoke at our NYC hub about financial applications of cryptocurrency and blockchain today and in the...
by Jayakumar Venkataraman | Sep 27, 2019 | Banking
The game of cat and mouse between the regulators and banks against money launderers has now moved to a new level – all thanks to the emergence of AI and machine learning technologies. AI and machine learning technologies have been around for a long time now, but have...