Sibos 2018 - Open Banking, real-time payments and fighting cybercrime: squaring the circle, Monday
With Open Banking, the risk of cybercrime/fraud cases has never been higher. Add Real-Time Payments into the mix, needing to instantly detect fraud and money laundering, and extreme complexity ensues. Is Artificial Intelligence (AI) an answer to addressing these new risks and challenges? Should non-EU banks consider adopting technical standards, such as EBA focused on fraud protection within Open Banking?
Join this session to review the impact of this new environment, how technical standards can be transformed into practical solutions and how, looking at new approaches, including AI, the true benefit of Open Banking and Real-Time Payments can be realised.