AFD 2026 Discusses the Impact of AI on Combating Financial Crime
Summary
Experts at AFD 2026 highlighted that AI is being deployed by both financial institutions and fraudsters.
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During AFD 2026, participants discussed how the fight against financial crime is evolving alongside modern technology. Experts pointed out that artificial intelligence tools are now utilized not only by banks but also by fraudsters.
The discussion emphasized that while AI has the potential to simplify the detection and prevention of illicit transactions, it can also complicate anti-crime efforts as malicious actors gain access to the same advanced technological capabilities.
Source: Digital Business KZ
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