MEDIUMVulnerability
Global
MAS to train AI on live bank account data to combat financial crime
·Source: Finextra
Updated:
Executive Summary
Singapore's central bank is to collate live account data from across five of the nation's largest banks to build accurate AI/ML models that help identify higher-risk transactions and accounts.
Analysis
Singapore's central bank is to collate live account data from across five of the nation's largest banks to build accurate AI/ML models that help identify higher-risk transactions and accounts.