Monetary Authority of Singapore collaborates with banking industry to harness AI in the fight against financial crime

Monetary Authority of Singapore collaborates with banking industry to harness AI in the fight against financial crime

The Monetary Authority of Singapore (MAS) announced that it is working with partners in the banking industry, the Government Technology Agency of Singapore, and the Singapore Police Force „to combat financial crime, using artificial intelligence and machine learning (AI/ML) techniques to enhance scam detection capabilities”. As part of broader efforts to harness AI/ML for industry-wide […]

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