TOPIC: AI

Abrigo announces upgrades to BAM+, including 5 new artificial intelligence scenarios and direct file to FinCEN

We're excited to announce the release of BAM+ 5.0, which includes five new transparent artificial intelligence/machine learning scenarios, direct file of CTRs and SARs to FinCEN, and two new structuring scenarios and reports for better daily/weekly insights into cash flow. You can read about these and the other exciting upgrades here

If you're interested in getting more information on BAM+ or any of our other software products, you can email me directly at jill.cacic@abrigo.com or send me a direct message. I hope you're all staying safe and healthy! 



    AI in BSA/AML | Infographic

    Artificial intelligence (AI) is one of the biggest buzzwords in the BSA/AML space, but what does it mean for your institution? As automated intelligence and machine learning become more prevalent in banking, so do the questions surrounding these new technologies. The lack of understanding around AI/ML has created uncertainty for BSA professionals (no, it won't take your job) and has caused them to seek answers about how and when automated intelligence will impact their BSA programs (it could actually strengthen it!). This infographic sheds light on questions surrounding what AI/ML really do, if they can help your BSA/AML program, and how they'll affect your compliance.

    Download this infographic to learn:
    • What AI/ML means for the BSA industry
    • How to document AI for regulators and auditors
    • What impact this technology will have on BSA staffing
    • How AI/ML will impact your institution and program
    Download now! 

      BSA/AML Conference - ThinkBIG: Fighting Financial Crime (formerly BAM+ User Group)

      Join Abrigo for the 2020 ThinkBIG: Fighting Financial Crime Conference for BSA/AML professionals. For 16 years, the BAM User Group Conference, now renamed ThinkBIG: Fighting Financial Crime, has provided industry-leading education and support. Come hear from industry leaders, law enforcement, and peers as we dive into the latest trends in suspicious activity detection, fraud trends, and regulatory expectations.

      Network with other BSA/AML and fraud banking professionals, engage with regulatory and law enforcement representatives, and expand your base of industry knowledge. This is an event you can't miss! Be prepared to Think Bigger with insights and information critical to your BSA/AML and fraud prevention programs.

      Register here!

      **We're giving away one (1) free registration now through February 7th. Earn more entries for each person you refer!
      Enter to win!

        AI in BSA/AML | Free Webinar

        Thursday, January 30, 2020
        2:00 PM ET / 1:00 PM CT
        Register here:
        http://bit.ly/2ZBI2s0

        Do the words "artificial intelligence" make your head spin? It can be confusing to keep up with the different forms of AI and how they can strengthen your BSA program. Join us for a free webinar to understand the role of Artificial Intelligence (AI) and Machine Learning (ML) in your BSA/AML program. We'll dive into the benefits of AI and ML, offer relevant use cases, and debunk common misconceptions about AI and ML within the BSA/AML world. You'll walk away with a greater understanding of who needs AI and ML, how it works, and things to look out for as these capabilities are integrated into their respective financial institutions.

        Join this session to learn:
        • AI terminology, buzzwords, and their meaning 
        • How Machine Learning effects the industry and your institution
        • Common misconceptions to avoid
        • Behind the scenes explanation of how AI reduces false positives
        Save your seat! 

          Free Webinar | AI, Machine Learning, and Your BSA/AML Program

          Thursday, January 30, 2020
          2:00 PM ET / 1:00 PM CT
          Register here:
          http://bit.ly/2ZBI2s0

          Join us for a free webinar where Gary M. Shiffman, PhD, will explain the role of Artificial Intelligence (AI) and Machine Learning (ML) in your BSA/AML program. With the support of Abrigo expert Brian Rodriguez, Gary will dive into the benefits of AI and ML, offer relevant use cases, and debunk common misconceptions about AI and ML within the BSA/AML world. Attendees will walk away with a greater understanding of who needs AI and ML, how it works, and things to look out for as these capabilities are integrated into their respective financial institutions.

          Join this session to learn:
          • AI terminology, buzzwords, and their meaning 
          • How Machine Learning effects the industry and your institution
          • Common misconceptions to avoid
          • Behind the scenes explanation of how AI reduces false positives
          Save your seat!