Do you wonder how certain technologies will affect you in your career? The Tech Scope column features articles on fintech, artificial intelligence, cryptocurrency and more technological advancements in the anti-financial crime field.
Our contributor is Ari Redbord, head of legal and government affairs at TRM Labs. If you would like to contribute to this column or have any topics you would like to suggest, email editor@acams.org.
The last three major financial crime cases investigator Glenn Dinetz worked on this year should never have happened because the technology that could have prevented each from escalating already exists. “One of these was a mortgage wire fraud case that involved several financial institutions...
Most have an opinion—or several—about social media. How and why these networks have importance and influence is up for debate. What is not debatable is that social media platforms share useful information and these platforms do have influence. Compromising photos, information leaks and viral memes...
Artificial intelligence (AI) is everywhere. From consumer products like voice assistants and music recommendations to commercial applications for data management as well as email marketing—the technology has arrived and there is much more on the way. AI is driving vehicles, authoring articles and translating...
"I don't have a good feeling. I feel scared,” the voice of a terrified 17-year-old girl pleaded over the phone.1 “You know the borders are closed right now, so how am I going to get out?”2 The voice was Kadiza Sultana, and she was desperately...
An “artificial intelligence (AI) summer” is a period where expectations are high and funding comes easy, where it seems almost every company is harnessing machine intelligence, and where the visions of the future painted by Terminator and Star Trek begin to feel more like...
Ninety-eight percent. Ninety-eight percent is basically 100 percent. That is definitely true in college. Parents never complain about 98 percent and there is no difference between the two in terms of GPA—they both earn the elusive 4.0. However, if flipped on its head—if 98...
Artificial intelligence (AI) is back, in a big way, and this time around it works. AI is being deployed across industries and in many problem areas. Some applications, like autonomous vehicles, appear on the front page of popular media; others are buried deep in the...
As a senior leader within my organization, I am always thinking about ways to keep my practice and business in growth mode. After the Great Recession, I made it my mission to make my team’s business model as recession-proof as possible. However, after a few...
Money laundering is currently the third largest “business” in the world after currency exchange and the auto industry. The Financial Action Task Force (FATF) estimates money laundering to be 2 to 5 percent of the world’s gross domestic product (GDP), which amounts to $1.38...
