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AI and the Fight Against FinCrime – Trends and Opportunities in Emerging Tech

It’s been over a year since generative AI tools like ChatGPT exploded into the mainstream, capturing the public’s imagination. Since then, what has changed for financial crime compliance programs seeking to harness these emerging technologies?

The answer is multifaceted – from increasing regulatory acceptance of tech innovation to a growing number of use cases in investigations and compliance functions, the AI landscape is evolving rapidly.

In this episode of the Financial CrimeCast, ACFCS connects with Elsie Pan and Samrat Jain, industry leading technology specialists of the PwC Financial Crime Unit, to understand the current realities of emerging tech in financial crime prevention, how financial institutions are addressing long-standing challenges, and where they see low-risk and high-reward opportunities for AI use at financial institutions of all sizes.

How can GenAI and other tech enable your compliance program to become more efficient and proactive? Are data quality issues still the major challenge to making effective use of AI applications? What skills do you need to ride the wave of new technologies? Hear answers to these questions and many more in this dynamic conversation:

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See What Certified Financial Crime Specialists Are Saying

"The CFCS tests the skills necessary to fight financial crime. It's comprehensive. Passing it should be considered a mark of high achievement, distinguishing qualified experts in this growing specialty area."

KENNETH E. BARDEN 

(JD, Washington)

"It's a vigorous exam. Anyone passing it should have a great sense of achievement."

DANIEL DWAIN

(CFCS, Official Superior

de Cumplimiento Cidel

Bank & Trust Inc. Nueva York)

"The exam tests one's ability to apply concepts in practical scenarios. Passing it can be a great asset for professionals in the converging disciplines of financial crime."

MORRIS GUY

(CFCS, Royal Band of

Canada, Montreal)

"The Exam is far-reaching. I love that the questions are scenario based. I recommend it to anyone in the financial crime detection and prevention profession."

BECKI LAPORTE

(CFCS, CAMS Lead Compliance

Trainer, FINRA, Member Regulation

Training, Washington, DC)

"This certification comes at a very ripe time. Professionals can no longer get away with having siloed knowledge. Compliance is all-encompassing and enterprise-driven."

KATYA HIROSE
CFCS, CAMS, CFE, CSAR
Director, Global Risk
& Investigation Practice
FTI Consulting, Los Angeles

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