How can we take the state of the art in deep learning and AI research, and transplant it into a large bank to deliver useful results which impact the general public? To answer this broad-reaching question, we take the viewer through a solution Think Big Analytics recently deployed at a major European bank for fraud detection, using state of the art AI techniques and a near-real time open-source architecture. We show how financial transactions can be transposed into a form where the latest AI techniques in image recognition can be leveraged, in surprisingly novel ways. We have been able to more accurately detect fraud and reduce financial crime, cutting losses and improving customer experience. We describe some architectures which can be used to do this in production, at scale, in global financial institutions.
Speaker:
Tim Seears, Director of Data Science, Think Big Analytics, a Teradata Company
New from BookNet Canada for 2024: Loan Stars - Tech Forum 2024
Fighting Financial Crime with Artificial Intelligence
1. Fighting Financial Crime
with Artificial Intelligence
Tim Seears
Area Practice Director, Data Science – Asia Pacific & Korea
2. 2
So far we have delivered
150+ successful projects for
100+ clients worldwide.
500+ employees
(2017)
Vendor-neutral with an
open source focus.
Full spectrum consulting, data
engineering, data science &
support.
Apache
Hadoop
and cloud
ecosystem
integration.
Founded in 2010
industry thought
leader.
Fixed fee offerings
for data science and
engineering.
Who Is Think Big?
1st Big Data provider 100%
focused around open source.
3. 3
Help customers be financially confident
and achieve their ambitions by making
daily banking and important financial
decisions easy.
19,000
employees
(2017)
1,800 corporate and
institutional customers
Covering Personal Banking, Business
Banking, Corporates & Institutions and
Wealth Management.
2.7 million
personal
customers
236,000 small and
medium-sized
business customers
Making banking
easier for over 145
years.
Who is the customer?
Leading Nordic universal bank with strong
local roots and bridges to the rest of the
world