How Wells Fargo Uses AI, Biometrics To Fight Money Laundering

“Chuck Monroe, head of AI enterprise solutions for Wells Fargo. “We’re using AI to go through and look across the internet, including the deep dark web, [for] signals that would apply to a particular AML situation,” Monroe said in a recent interview with PYMNTS. “There are lots of opportunities in the AML space to leverage AI to look much [deeper], because no human could do that level of investigation.”

https://www.google.com/amp/s/www.pymnts.com/news/digital-banking/2019/ai-biometrics-money-laundering-fraud-protection/amp/

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