November 18th, 2020
11:00 AM - 12:00 PM EST
Over 95% of Anti Money Laundering (AML) alerts are false positives. Despite this, today’s under-staffed and under-resourced institutions continue to use outdated, reactive, and expensive systems for AML monitoring.
This webinar, provided by Intel and Consilient introduces a solution: Federated Learning through revolutionary technology. This effective and efficient means to tackle AML and prevent illicit finance moves beyond traditional rules-based transaction monitoring and towards real-time sharing and collective learning on complex threats - all while safeguarding privacy and data.
The webinar will outline:
• Issues with today’s AML techniques
- Introduction to Federated Learning architecture
- Application of Federated Learning in the financial sector.
• Benefits of Federated Learning while ensuring security and privacy.
Parviz Peiravi (CTO - Financial Services Industry, Intel), Gary Shiffman (CEO, Consilient & Giant Oak), Juan Zarate (Chairman, Consilient), Nikhil Deshpande (Intel).