AI for Anti-Fraud, Anti-Money-Laundering and RegTech

Overview:

Across all the financial institutions, we see that modern economic crime becomes collusive, cross-border, and professionally run — insiders working with external networks through layers of companies and instruments — and rules built from expert memory cannot keep pace. While financial crime has industrialized, the tools most financial institutions run today were designed for an earlier generation of it, resulting in huge amount false positives and missed detections.

Our approach consist of three ingredients, including: 1) semi-supervised machine learning, which builds accurate models from few labels; 2) graph analytics, which makes relationships the unit of analysis, and 3) human-in-the-loop design, leverages experts' judgment to refine the models, keep evolving and defend against ever changing criminal activities.

We package this as four products covering the full AML workflow: The technology and systems are widely deployed in production with top financial institutions across mainland China. We analyze over 800 million accounts every month, report more than 300,000 suspicious accounts a year, and the funds controlled in those cases exceed RMB 100 billion annually — delivering over thirty percent more coverage at lower cost. More detailed information can be found at AHI Fintech, Inc