Leveraging AI to more effectively combat money laundering and the financing of criminal organizations

  • When: June 24, 2020
  • Time: 10AM-11AM ET
  • Level: All
  • How to discover new laundering strategies?
  • Reducing false alarms and mitigating the risk of money laundering with the help of AI systems
  • Is it possible to understand the “brain” of AI?

Every year, billions of dollars are laundered through the financial system unbeknownst to the financial institutions that are tasked to stop it. Unlike banks, fraudsters continue to utilize the latest technologies to accomplish their illicit mission. The recent economic crisis connected with the Covid-19 outbreak has exposed us to more shortcomings and deficiencies in our banking systems that have been neglected for years.

It is becoming increasingly apparent that the processes and digitalization of banking systems must be automated especially when we expect greater effectiveness in a shorter time frame. Rule-based systems and most routine tasks are time consuming for analysts and can be easily taken over and enhanced by AI based systems.

AI can help with detection and alert ranking; it can learn new patterns and even explain why a particular event may be an instance of fraud. AI supports AML teams by significantly decreasing their workload and increasing effectiveness, freeing up time for matters that require a human touch.

During this webinar we will show you the current trends and market changes and how AI can learn from past events and give explanations.  We will show you the advantages of using AI in money-laundering detection as well as the differences in traditional and AI approaches.  We will also show a specific business case which will illustrate the benefits.  There will also be time to ask our expert anything you would like to know about AI based AML.  



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Andras Cser
  • Andras Cser

  • Vice President, Principal Analyst Serving Security & Risk Professionals
  • Forrester


Andras serves Security & Risk Professionals. He is a leading expert on identity management, access management, user account provisioning, entitlement management, federation, privileged identity management, and role design and management. Andras covers cloud security and enterprise fraud management, which have many synergies with identity and access management when an organization needs to protect against risk and wants to manage fraud appropriately. He helps clients develop enterprise strategies for creating business value through identity management, cloud security, and fraud management.

His research focuses on strategy, cost-benefit analysis, architecture, performance and scalability of identity and access management and provisioning solutions, enterprise fraud management solutions, and role-based access control (RBAC), as well as maintenance and distributed intranet and Internet identity systems. He maintains an interest in evaluating the skill sets and core competencies of professional service providers in these spaces.

Previous Work Experience

Prior to joining Forrester, Andras was a security architect with CA Technical Services through the Netegrity acquisition. Andras designed the architecture and led the implementation of Fortune 500 companies’ identity and access management and provisioning solutions. Previously, Andras managed business process re-engineering projects.


Andras holds an MBA degree from Technical University of Budapest and Heriot-Watt University, Edinburgh, UK, and an M.Sc. in computer science and electrical engineering from Technical University of Budapest.

Paweł Kryszkiewicz
  • Paweł Kryszkiewicz

  • Product Manager
  • Comarch


Paweł Kryszkiewicz is The Product Manager dedicated to the systems that fight against financial crime in financial institutions, at Comarch. He holds a license of a Securities broker. In addition, he is also an expert in the field of counteracting money laundering and terrorist financing (ICA International Advanced Certificate in Anti Money Laundering). Paweł, apart from his experience in many areas of AML, implemented complex government projects in cooperation with NGOs. His creative approach and questioning the status quo allow to introduce new technological solutions that bring significant savings to the organizations.