All posts tagged "Data Analytics"
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467AML / KYCMAS to Deploy Information Sharing Platform for AML/CFT
The COSMIC platform will be developed and deployed in phases. The initial participants are DBS, OCBC, UOB, StanChart, Citibank and HSBC.
October 3, 2021 -
141InternationalANNA Service Bureau Receives Infrastructure Upgrade
The enhancements will provide more effective tools for data management, including streamlined data processing and improved communication between contributors.
September 28, 2021 -
228AML / KYCCorruption, Bribery Seen as Key Challenges in 2020: Kroll
A Kroll survey found that 82% of senior decision-makers for risk strategy felt corruption significantly impacted their organisations in 2020.
September 21, 2021 -
306FeatureSingapore Launches Asian Institute of Digital Finance
The research institute has led efforts to develop a federated learning platform for SME credit analytics that is expected to launch by year-end.
September 5, 2021 -
329Big PictureIMF Spotlights Legal Challenges of Fintech for Central Banks
A new IMF paper discusses the impacts fintech will have on currency issuance, monetary policy implementation, and payment system soundness, among other functions of a central bank.
August 31, 2021 -
359AML / KYCHKMA Issues “Mandate” for Innovation in AML/CFT
The HKMA will launch interactive lab sessions to experiment with new technologies and emerging data analytics techniques, with an initial focus on network analytics and NLP.
August 12, 2021 -
557AML / KYCMAS Finalising New Data-sharing Platform for Banks
The new platform will enable banks to securely share information on customers exhibiting significant risk red flags and warn each other of potential criminal activity.
August 6, 2021 -
540AML / KYCHKMA Targets Effectiveness in Addressing AML, Fraud risk
HKMA Executive Director Carmen Chu highlights the need for transformation and collaboration to combat new AML and fraud challenges in the digital era.
July 22, 2021 -
264FeatureMAS Launches ‘Veritas Challenge’ to Strengthen Trust in AI
MAS invites fintechs, solution providers and FIs to submit innovative solutions to help validate the fairness of AI solutions for selected banking use cases.
July 13, 2021 -
364AML / KYCFATF Examines Collaborative Analytics and the Need for Privacy
An AML risk information sharing platform in trial operation in China allows FIs to check whether a customer is labelled high risk by other FIs without any customer data being exchanged.
July 6, 2021
