Financial Crimes Solutions for Tier 2 Banks [Video]

Stop Fraud, Slash False Positives: The Future of AML for Tier-2 Banks 

The BSA/AML Act specifies that all banks and institutions must perform the adequate processes to prevent AML, including Tier 2 banks and institutions.  This burden is indeed cumbersome, especially for Tier 2 banks, but new turnkey ML & AI technology offers the ability for smaller firms to solve a set of requirements without spending all of the firm’s profits. 

In this webinar, we’ll discuss the challenges facing Tier 2 banks. Imagine a perfect storm: limited staff for special investigations, a surge in complex government regulations with hefty fines, and fraudsters constantly upping their game. These criminals exploit weaknesses in banks’ siloed approach, where cyber, credit card, and AML investigations operate independently. 

ACAMS indicates that most organizations are hampered by their siloed and scattered legacy systems and making real-time detection, prevention, and leveraging advanced technologies like Machine Learning and …