In a research paper by Capgemini and bank BNP Paribas, it was predicted that there would be over 726 billion digital payment transactions worldwide. As a financial institution, how do you cost-effectively review this ever-growing volume of data and do more than spot potentially fraudulent activity? To answer this question, organizations need to revisit their data quality and look to analytic techniques and technology to enhance their onboarding, continuous transaction monitoring and sanction screening processes.
Join our discussion of the importance of data quality and glance ahead at what the future holds in terms of innovative solutions. We will provide a baseline understanding of data quality that financial institutions can use to make informed decisions about how to move forward to reduce financial crime risk.
Key learnings include:
Hosted By: Gina Jurva, Risk and Compliance, Legal Executive Institute, Thomson Reuters
Event Panelists: Amanda Dupont, Corporate Investigative Sales Specialist of Thomson Reuters and Joe Raczynski, Technologist/Futurist