The public health emergency and related economic fallout presented by COVID-19 is forcing organizations around the world to rapidly rethink how they can potentially keep business, key operations, and the flow of goods and services moving.
On April 15, IBM hosted the 2020 IBM RegTech Virtual Summit. Register on this page to watch any and all sessions on demand. We saw high attendance and excellent response from our peers and clients for these critical sessions.
Hear the RegTech experts from IBM discuss best practices for managing today’s new challenges in financial crimes, GRC and payments while improving operating efficiencies, reducing cost and maintaining regulatory compliance.
10:00 AM – 10:30 AM: Navigating risk in times of uncertainty
Risk and uncertainty are now at the forefront of everything we do. Maintaining a healthy workforce, managing business continuity and improving operational efficiencies are critical. In this session we’ll explore how financial institutions are coping with today’s new challenges and using innovative risk management programs, methodologies, and advisory services to manage risk, fight financial crimes and improve processes and outcomes.
Host: Michael Curry, Vice President, IBM RegTech
Michael Dawson, Managing Director, Promontory Financial Group
Michael Puldy, Director, Global Business Continuity Management, IBM
Andrew Yuille, Vice President, Partnerships & Alliances, Thomson Reuters
Financial Crime Track
10:30 AM – 11:00 AM: Fighting financial crime with AI: Building the modern approach to AML, payment fraud and insurance claims fraud.
Speaker: Daniel Nagle, IBM Financial Crimes Insight Global Technical Sales Leader
As financial institutions and regulators grow more comfortable with AI for financial crime prevention, the key question becomes: where to start? With so many existing systems for AML compliance, payment fraud prevention and insurance claims investigations, organizations need solutions and platforms that can meet their current needs while remaining open to future ones. Join us to learn about the IBM approach to financial crime, combining pre-defined financial crime use cases, an advanced data science tool kit to build and govern models as well as a flexible, containerized deployment architecture.
11:00 AM – 11:30 AM: Getting to AML 2.0: Using AI for an end-to-end approach to KYC, sanctions and transaction monitoring
Speaker: Austin Wells, IBM Financial Crimes Insight Offering Manager
In recent years, the only significant change in anti-money laundering programs has been a steady increase in regulatory scrutiny and an ever-growing backlog of unaddressed alerts and issues. Institutions and regulators have changed their view of AI and now see it as a necessary next step in AML transaction monitoring, customer risk management and sanctions screening. Learn how IBM addresses the root cause issues that have prevented financial institutions from getting better results and helps institutions address risk issues by understanding alerts, customers and counterparties in context, reducing false positives and unnecessary reviews. See what Financial Crimes Insight can bring across to your entire AML program.
11:30 AM – 12:00 PM: Making all payments, Safer Payments: Adapt Faster to Changing Threats
Speaker: Guto Almeida, IBM Safer Payments Global Business Development Leader
The payment landscape is constantly evolving and changing – as are the demands and risks that come with it. As consumers embrace new payment options like real-time payments and person-to-person (P2P) payments, financial institutions and payment processors must race to deploy AI technologies and data science techniques to protect themselves and their customers against emerging fraud schemes while meeting high customer expectations. Learn how IBM Safer Payments has successfully stopped payment fraud at some of the most demanding payment environments in the world and some upcoming improvements to user experience and usability.
12:00 PM – 12:30 PM: Stopping financial crime in insurance: Handling claims fraud without impacting the customer experience
Speaker: Wade Wickre, IBM Insurance Financial Crimes Leader for North America
Insurers deal with a constant dilemma: They must provide customers with prompt settlement of their auto, property, worker's compensation, and other claims while mitigating claims fraud and speeding the claim to resolution. All this requires a great deal of accuracy and the ability to put together thousands of pieces of data to make accurate, fast decisions. See how IBM has helped insurers meet this challenge and learn what’s coming next for Financial Crimes Insight for Claims Fraud.
12:30 PM – 1:00 PM: Live Q/A: Have your questions answered by IBM experts_1591262982207