Consilient recently published a report based on a survey of U.S. consumers: Money Laundering: A Misunderstood And Underestimated Problem. The report found that consumers really don’t… Read More »The Survey Says It All – Consumers Underestimate Money Laundering
What are the impediments and challenges for FIs in making revolutionary changes in a highly regulated environment? Technology can significantly enhance firms’ ability to identify… Read More »The difficulty of implementing revolutionary changes
Introduction Money laundering underpins and enables most forms of organized crime, allowing criminal groups to further their operations and conceal illicit capital. Technology adoption and… Read More »Federated Machine Learning: The Future of Financial Crime Prevention
Challenger banks are using innovative technology to change the game with customers. From the use of open banking, which is dramatically improving customer engagement and… Read More »Why Hasn’t The Innovation Train Arrived to Fincrime Compliance?
This article by Gary M. Shiffman appeared in the November/December 2021 issue of the American Bankers Association’s Bank Compliance Magazine, which can be accessed here.… Read More »ABA Bank Compliance Magazine – Beyond the Bounds: What Compliance Should Know About Cybersecurity
This is an Accepted Manuscript of an article published by Taylor & Francis in Studies in Conflict & Terrorism on October 7, 2021, available online:… Read More »Taylor & Francis – The (Non) Deus-Ex Machina: A Realistic Assessment of Machine Learning for Countering Domestic Terrorism
This article by Gary M. Shiffman originally appeared in TechCrunch on September 16, 2021. REvil is a solid choice for a villain’s name: R Evil.… Read More »TechCrunch – Ransomware: A market problem deserves a market solution
This article by Gary M. Shiffman originally appeared in WashingtonExec on June 30, 2021. View the full article here. Mission: Impossible In the 1996 movie… Read More »WashingtonExec: Is the Risk in the Data You Choose or the Data You Don’t?
This article by Gary M. Shiffman originally appeared in Forbes on June 16, 2021. View the full article here. According to my company’s research, a… Read More »Forbes: Data’s Double Edges: How To Use Machine Learning To Solve The Problem Of Unused Data In Risk Management
This article by Gary M. Shiffman originally appeared the ABA Bank Compliance Magazine. Artificial Intelligence democratizes; it is the great equalizer that allows non-technical people… Read More »ABA Bank Compliance Magazine: AI and the Future of Bank Compliance: How Do You Know If It Is Working?
