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July 5, 2022
Finance Technologies

AI will explain it to you

Explainable AI: hit or miss be gone! Explainable artificial intelligence (XAI) removes the last barrier in entrusting transaction monitoring to algorithms: the skepticism about its results. At the outset of my professional career, I worked as an analyst in the anti-money laundering (AML) department of a global financial institution. I still recall boundless open spaces packed with analysts trying to determine how risky a cooperation with a particular entity actually is. Every couple of weeks we would hit another employment level… 100, 200, 300 people aboard. Back then, we were only armed with internet access to decide if a given…
AI will explain it to you

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