FEATURED POST

FRAUD IN A CRISIS

By |April 26th, 2020|Crisis, Fraud|

Back to all articles Back to all articles

In 2008, the number of complaints about online fraud jumped from 200,000 to more than 375,000 one year later, according to the FBI. Imagine what that looks like 11 years later… 

In times of great uncertainty, how are financial institutions going to cope and combat the impending surge in financial crime and fraud due to COVID-19? There is a startling connection to financial crime and the economy during times of volatility. The criminal economy is closely interrelated to the global economy. Statistics show that criminals are closely watching market performance and adapting as needed to ensure maximum profit, which puts financial institutions at risk. Recessions are painful for most consumers and businesses, while

ARTICLE

BOSTON AI THINK TANK ADVISES CONGRESS IN REACHING A MILESTONE FOR MODERNIZING FINANCIAL CRIME DETECTION

By |November 8th, 2019|Artificial Intelligence, Press|

Back to all articles Back to all articles

A milestone has been reached in modernizing financial crime detection! On October 29, The U.S. House of Representatives passed the “COUNTER Act” Bill which requires the U.S. Treasury Financial Crimes Enforcement Network (“FinCEN”) to undertake a study on various modernization facets of Anti-Money Laundering under the Bank Secrecy Act (BSA/AML).

We are excited to have played a part through

ARTICLE

CONGRESSMAN TREY HOLLINGSWORTH JOINS COALESCE.AI DURING BOSTON FINTECH WEEK

By |October 1st, 2019|Artificial Intelligence|

Back to all articles Back to all articles

Coalesce.ai, along with the Boston RegTech Meetup Group, had the incredible privilege of hosting U.S. Congressman, Trey Hollingsworth and a panel of industry leaders for a powerful and engaging discussion during Boston FinTech week around the value of AI in detecting financial crime.

Government and regulators are taking meaningful steps to become a constructive force for collaboration and innovation in the FinTech/RegTech space.

We’d like to extend a huge thank you to Congressman Trey

ARTICLE
ARTICLE
ARTICLE
ARTICLE
HOW CAN WE HELP YOU?

Interested to learn how Coalesce.ai can help your business? Get in touch with us or request a demo to learn more.

HEADLINES FROM THE WORLD OF AI, FINANCE AND SYNTHETIC FRAUD PREVENTION