Novel Approaches to Combat Money Laundering, Terrorism Financing, Fraud, and Scams
A cross-sectoral view into how regulators and industry are responding to the growing complexity of financial crime. This piece draws on insights from the BISIH community and covers the use of AI, behavioural science, and collaborative data-sharing strategies.
Published in: Global Finance & Technology Network (February 2025)
Authors:
- Sivasubramanian Ramanathan (Main Author, Junior Product Owner, BIS Innovation Hub Singapore Centre)
- Dr. Patrick Hoffmann (Advisor, BIS Innovation Hub Singapore Centre)
- Yip Kah Kit (Advisor, BIS Innovation Hub Singapore Centre)
- Sonja Davidovic (Advisor, BIS Innovation Hub Singapore Centre)
Summary:
This piece explores innovative approaches to financial crime detection using AI, privacy-preserving technologies, and collaborative regulatory frameworks. It draws from real-world pilots and hackathons led by the BIS Innovation Hub.
Read online:
https://gftn.co/insights/novel-approaches-to-combat-money-laundering-terrorism-financing-fraud-and-scams