DEMYSTIFYING AI’S MAGIC FORFINANCIAL CRIME COMPLIANCE
DEBUNKING MYTHS ABOUTARTIFICIAL INTELLIGENCEWITH REAL-WORLD BANKING EXAMPLES
Since ChatGPT became a household word, Artificial Intelligence (AI) has created mixed emotions, with many touting the positive potential impact while others fear more negative consequences.
INTRODUCTION
AI WILL REPLACE US
I’M NOT TECHNICAL, I’LL JUST AVOID AI
REGULATORS WON’T LET US DO THINGS LIKE AI
AI IS “JUST CHATBOTS”
AI IS “JUST DETECTION”
WE MUST MODERNIZE OUR SYSTEMS FIRST
WE MUST FIX OUR DATA FIRST
OUR DATA WILL BE INSECURE
OUR TECH TEAM WILL BUILD IT
IT WILL TAKE A LONG TIME
AI’S MAGIC DE-MYSTIFIED
DEMYSTIFYING AI’S MAGIC FOR FINANCIAL CRIME COMPLIANCE