Before the use of artificial intelligence became mainstream, most people thought of learning as something that could only be done by humans. But now, the sophisticated workings of the human mind are somewhat replicable by machines. One example that illustrates this perfectly is “deep learning,” a concept that comes up frequently in tech circles. However, if you work in the banking sector and this is your first time reading about deep learning, you may be wondering what it has to do with your industry. With that in mind, here’s a briefer on the deep learning technologies that will soon make a widespread impact in the banking industry, particularly for know your customer (KYC), customer due diligence (CDD), transaction monitoring, and anti-money laundering (AML) policy. Take a deep dive into deep learning and see how it can strengthen your bank’s approach to financial crime....