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# Unleashing the power of AI to prevent financial crime


- **Date:** Thursday, Jul 18, 2024
- **Time:** 14:10–14:40 (30 min)
- **Room:** STAGE 3 (120)
- **Event:** World Congress 2024

## Recording

[Watch recording](https://www.wearedevelopers.com/videos/1088-unleashing-the-power-of-ai-to-prevent-financial-crime)

## Description

AI’s transformative impact has been profound. Changing how enterprises, including those in the finance sector, operate and deliver services to customers. The introduction of AI in finance has made the sector more customer-centric and technologically relevant. AI-based systems are now helping banks increasing productivity and making decisions based on information unfathomable to humans. Intelligent algorithms can spot fraudulent information in a matter of seconds.  Banks use machine learning to analyze historical and real-time transaction data, identifying and flagging anomalies as potential fraud.

Doraly & Esha will take you on a journey of 2 user-cases: Fraud Detection and Transaction categorization. They will show you how AI helps ING to be a data driven digital leader.
They'll share the insights gained and solutions developed along the way, AND how others fighting financial crime can use them to maximize their impact. 


## Speakers

### [Doraly Chezeu Sukem](https://www.wearedevelopers.com/@doraly-chezeu-sukem)

ING Senior Developer
### [Esha Agrawal](https://www.wearedevelopers.com/@esha-agrawal)

ING Senior Data Scientist


## Related talks at this congress

- [Deep Fakes: The Lies We Can’t See](https://www.wearedevelopers.com/events/world-congress-2024/sessions/223-deep-fakes-the-lies) — George Proorocu, Mihai Roman
- [The Art of Engineering Data-Driven Insights: From AI & MLOps Infrastructure to Software Development](https://www.wearedevelopers.com/events/world-congress-2024/sessions/287-the-art-of) — Danilo Sawatzki, Jannis Eickenroth, Joschua Sünneke, Matthias Kordt, Sebastian Klenke
- [Big Business, Big Barriers? Stress-Testing AI Initiatives.](https://www.wearedevelopers.com/events/world-congress-2024/sessions/167-big-business-big) — Marin Niehues
- [Exploring 5 Key Applications of AI Abundance with Blockchain Assurance](https://www.wearedevelopers.com/events/world-congress-2024/sessions/345-exploring-5-key) — Ed Marquez