Digital Transformation, Industry event

Compliance teams miles off from being AI-ready, say banking leaders 

By Ellesheva Kissin
Image: Getty Images

Leading executives have called on banks to radically upskill compliance teams to deal with the “existential question” of artificial intelligence.

Senior compliance chiefs from HSBC, BNY Mellon, JPMorgan and Standard Chartered demanded industry-wide action around AI and new technologies at the Association for Financial Markets in Europe’s compliance ...

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