i-law

Money Laundering Bulletin

Onto the front foot: AI v. financial crime

Artificial intelligence (AI) says, "I detected a criminal!" The criminal says, "I trained you to say that." Welcome to the new reality, says Mayank Sharma of FinScan, where criminals are magicians using AI tricks to make your money go away, and if you don't have tools that are more sophisticated, the only thing left is an expensive lesson.

Artificial intelligence (AI) says, "I detected a criminal!" The criminal says, "I trained you to say that." Welcome to the new reality, says Mayank Sharma of FinScan, where criminals are magicians using AI tricks to make your money go away, and if you don't have tools that are more sophisticated, the only thing left is an expensive lesson.

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