Consilient

We are transforming how the world prevents financial crime.

[Consilient @consilienttech]

We are really excited to be at the Reg Tech Global Summit today in NYC, enjoying meeting customers and investors to discuss the future of #AML using #FederatedLearning improving efficiency by 80% and effectiveness, in some recent cases by 3x.

[Consilient @consilienttech]

We are thrilled to announce a strategic partnership with #SecuraIsaac Group. By joining forces, we aim to accelerate the understanding and adoption of the groundbreaking approach using #FederatedAI, delivering a more effective and efficient financial crime risk management system.

[Consilient @consilienttech]

Consilient’s #FederatedLearning models identify high-risk entity behaviors across different entities and are trained using a privacy protected method. Models travel back to Consilient’s platform to be aggregated with other versions, creating a new model for improved performance.

[Consilient @consilienttech]

Consilient delivers the first #FederatedLearning 
solution for anti-money laundering and financial crime 
prevention. Our approach allows institutions to leverage industry insights and optimal #ai models for fighting #fincrime

[Consilient @consilienttech]

According to our latest survey, half of US consumers think their banks use cutting-edge tech to combat #moneylaundering. This runs counter to the fact that most banks rely on old tech to detect money launderers. #FederatedLearning & #ai can help.

https://t.co/DMJlKyS4di

[Consilient @consilienttech]

We recently surveyed US consumers to see how many people they thought were convicted of #MoneyLaundering per year.

The overwhelming majority believed the number of such convictions greatly exceeded the actual number.

Interested in learning more? 🔗 https://t.co/DMJlKyS4di

[Solutions Review Backup and Recovery @CloudTechReview]

As part of our Expert Insights Series, Gary Shiffman, the CEO at @consilienttech, has kindly contributed an insightful article on how federated learning promises to change the game for money laundering. Check it out below! #DataProtection #DataSecurity https://t.co/EykIRmuTDt

[Consilient @consilienttech]

#FederatedLearning provides financial institutions the opportunity to enhance internal & external collaboration with the use of explainable, repeatable & transparent #MachineLearning models.

This is game-changing.

More from @insideBIGDATA1 ➡️ https://t.co/fdCwzJCrKc

[Consilient @consilienttech]

👋 We’d like you to meet Jeff Borowitz! Jeff is our Senior Scientist here at Consilient.

[Consilient @consilienttech]

Implementing meaningful change is difficult, particularly within the heavily regulated industry of #fincrime compliance.

@CUInsight dives into the hurdles faced in adopting #RegTech and #FederatedLearning technology, examining both firm-level and regulatory-level challenges.

[CUInsight.com @CUInsight]

The struggle with implementing groundbreaking change :: https://t.co/22UROEuQKo #CreditUnions

[Consilient @consilienttech]

Our recent #MoneyLaundering report shows consumers place a high value on money laundering when it comes to where they choose to do business. Most would change financial providers if they knew how much they were being fined for money laundering.

🔗 https://t.co/hUTxNmc6kV

[Consilient @consilienttech]

Our CEO @GaryMShiffman participated in this year’s @EGFIU Plenary panel session discussing the potential of #ai, #ML & privacy-enhancing technologies in transforming the way we fight #moneylaundering & terrorist financing.

It was an honor to collab!

📰 https://t.co/UaJCG4NkRS

[Consilient @consilienttech]

their availability and potential to reduce costs for financial institutions.

Is the delay in adoption an ethical choice? 🤔

Our co-founder @GaryMShiffman's article for the Journal of Financial Compliance breaks it down: https://t.co/48ePKneSWH

[Consilient @consilienttech]

ML & AI have transformed nearly every industry, enabling remarkable efficiency & effectiveness in tasks that were previously considered exclusive to humans. Yet, the financial compliance sector has been slower to embrace them, despite...

#ai #ml #compliance

[Consilient @consilienttech]

👋 Introducing Matthew Shipton! Matt is an experienced leader in #data science with a deep interest in harnessing #machinelearning technology to tackle business problems.

More about the Consilient team: https://t.co/47mO3BBxeX

[Consilient @consilienttech]

#FederatedLearning emerges as the latest enforcer against money launderers. By enabling data analysis without data movement, banks can collaborate without breaching privacy regulations - a huge breakthrough in combating #fincrime.

📰 @SolutionsReview: https://t.co/fVi5yBDfAP

[Consilient @consilienttech]

Our co-founder @GaryMShiffman spoke at the UCAI Forum in SKorea this week. The theme was Korea-US #ai cooperation to prevent #Fincrime.

This comes after our recent partnership with Harex InfoTech furthering our AI tech alliance. We’re thrilled to collaborate internationally!🌏

[Consilient @consilienttech]

#FederatedLearning offers a unique chance to address de-risking complexities from the leaders in Federated Learning and financial crime solutions: https://t.co/Og5u7igo1u

[Consilient @consilienttech]

Financial institutions around the world are facing a growing challenge in the realm of #fincrime compliance. The task has become more intricate due to the escalating scale and consequences of #moneylaundering. Institutions find themselves dealing with a complex blend of..

#AML

[Consilient @consilienttech]

risks and regulations. This challenge has given rise to a phenomenon called 'de-risking,' which emerges from a necessity to protect themselves but brings unintended outcomes.

💻 Find out how..