What happens if attackers begin to enhance their phishing and cyberattack methods using AI?
Browsing: Artificial intelligence and machine learning
In the latest episode of the ABA Newsbytes Podcast, taped before a live audience at the ABA/ABA Financial Crimes Enforcement Conference, Evan Sparks interviews former law enforcement official and community bank BSA officer Ryan Rasske about trends in anti-money laundering, Bank Secrecy Act and fraud issues — particularly the growing confluence of these programs within banks.
The growing applications of artificial intelligence and machine learning technology in financial services holds the promise of making the financial system more efficient but may pose new risks in third-party reliance, audit and interconnectedness, according to a report released today by the Basel, Switzerland-based Financial Stability Board.
From digital lending and next-gen authentication to AI and IoT, these six trends will shape the future of your bank.