By Laura Lynott for AML Intelligence Revolut’s group head of fincrime and fraud, Aaron-Elliot-Gross, has said the “threshold has been crossed” with AI – but now “the drawbacks and risks” must be examined. Mr Elliot-Gross said AI would now allow financial companies to “move” from the “tick box approach” to risk management and effectiveness. The…
AML, Compliance, Financial Crime, Financial Services
INSIGHT: Fintech leaders from Stripe and Revolut say ‘threshold crossed’ in use of AI to fight financial crime

FINTECH: Moderator Jackie King (l-r) with panellists Marc Fungard, Stripe; Aaron Elliot-Gross, Revolut; Siobhan Ivers, Etsy and Colm O'Monachain, Deloitte at the 'European Anti-Financial Crime Summit 2023.'