#shorts #short #ytshorts #viralshorts #Analytics #datascience #artificialintelligence #machinelearning #data #information #quotes #quote #quoteoftheday #AI #banking #aml #antimoneylaundering ❤️❤️ How Artificial Intelligence is impacting Compliance Monitoring in the Banking Sector ❤️❤️ Artificial Intelligence (AI) is having a significant impact on compliance monitoring in the banking sector. Here are some ways AI is affecting compliance monitoring: Improved accuracy: AI algorithms can analyze large amounts of data and identify patterns and anomalies that may be difficult for humans to detect. This can lead to more accurate and efficient compliance monitoring. Real-time monitoring: AI systems can monitor transactions in real-time, which can help banks identify and prevent fraudulent activities and other compliance risks. Enhanced risk management: AI systems can identify potential compliance risks and provide banks with insights into how to mitigate those risks. Automation: AI can automate many compliance monitoring tasks, freeing up staff time for more complex tasks and reducing the risk of errors. Predictive analytics: AI algorithms can analyze data to predict potential compliance risks before they occur, enabling banks to take proactive measures to prevent them. Enhanced customer due diligence: AI systems can help banks conduct more comprehensive customer due diligence, including identifying politically exposed persons (PEPs) and conducting ongoing monitoring of high-risk customers. Regulatory compliance: AI can help banks stay up-to-date with changing regulatory requirements by automating compliance processes and providing insights into how to meet regulatory obligations. In summary, AI is transforming compliance monitoring in the banking sector, making it more accurate, efficient, and effective. This can help banks identify and mitigate compliance risks, maintain regulatory compliance, and protect their reputation and customer trust. Reach out to me on https://linktr.ee/shailykumar for more such Insights. Let me know your thoughts in the comments section. #machinelearning #datascience #data #Dataanalytics #value #dataanalytics #googleanalytics #businessanalytics #bigdataanalytics #peopleanalytics #marketinganalytics #predictiveanalytics #artificialintelligence #computervision #Shailyspeaks ##automation #digital #risk #banking #banks ... https://www.youtube.com/watch?v=JDQCqDVMD2o

What is #ArtificialIntelligence? Open discussion with Aruna Kolluru from Dell. Please let me know if you want to join! Just DM. #AI #MachineLearning #ML #analytics #Bigdata #AI #EmergingTech ... https://www.youtube.com/watch?v=_QxYljVchdw