AI Enables Banks to Identify and Prevent Money Laundering While Surpassing Regulatory Demands - insideBIGDATA

In this special guest feature, David McLaughlin, CEO and Founder of QuantaVerse, discusses how advancements in data science, including artificial intelligence (AI), machine learning and big data, promise to stifle money laundering and change outcomes for victims around the globe. Financial institutions have begun working smarter through the use of AI and machine learning to help banks dramatically improve the efficiency and effectiveness of money laundering investigations. David McLaughlin is CEO and founder of QuantaVerse, an innovator of data science and artificial intelligence (AI) solutions purpose-built for identifying financial crimes. David spent six years as a naval officer, starting in 1986 as an Ensign in the U.S. Navy and attending flight school in Pensacola, FL. He is a graduate from the highly regarded TOPGUN program, and completed a combat tour in the Persian Gulf where he was awarded the Distinguished Flying Cross and two Air Medals for bravery in combat.