Feature: How AI Can Combat Financial Crime (Aug 2023)

Athreya H. D. was featured in an article of Regulation Asia where he shared his insights on how the financial sector’s battle against sophisticated financial crimes has led to a greater reliance on artificial intelligence (AI) to detect fraud and maintain customer trust.

Athreya H.D., a Singapore-based partner at global consultancy Mazars, meanwhile finds AI technologies particularly suitable for financial institutions with diverse transaction volumes and expanding operations. It helps them comply with stringent and evolving regulatory requirements.

“The automation and accuracy of AI-driven systems also significantly reduce the burden on human investigators, allowing them to focus on high-value tasks and complex investigations,” he adds.

Read the full article on Regulation Asia here