Description

A major benefit of artificial intelligence is the ability to detect and approve fraud in real-time during the payment transaction process. Based on the ability for payments to move faster, manual processes are becoming unsustainable. AI in payments and monitoring provides the ability to analyze large volumes of data, identify patterns and anomalies, and flag potential fraud attempts in real-time. In return, payment providers can quickly and accurately approve or decline transactions. This session will cover how AI will impact financial services specific to payments and why this topic is so important in today’s payment space.

Speakers: Brad Rustin, Partner and Chair of Financial Services Regulatory Services, Nelson Mullins.

Topics include:

• The state of AI in Payments and Fraud
• Importance of Data
• Moving from manual to technology driven controls

• Risk Management
• Fraud Management
• Information Security and Technology
• Compliance
• Internal Audit
• Operations Teams
• Client/Member Facing Teams
• BSA Officers and Support Staff
• Senior/Executive Management

Topics include:

• Payments