Webinars | July 16, 2020

COVID, Customers, Competitiveness and the trouble we’re in

BY The Sensa Team


COVID is driving key threads of the economy into significant trouble – credit over-leverage, employment, and the decline of consumer purchases, a massive wave of rent defaults, and exploding debt for the rest of us will undermine the capital food chain and push multiple industries in existential trouble. This is not 2008/09. Multiple industries are in stress; stimulus has been poorly used, and the potential contagion from credit default to liquidity stress is not understood nor prepared for. But it has repercussions that will see multiple firms fighting for survival.

Three areas of strategic focus we must all consider: with no historical precedent for understanding customer behavior, credit, liquidity, pricing, and risk decisions will all be challenging; an accelerated deployment of an enterprise digital strategy created by global “work from home” will force a new understanding of productivity and a resulting smaller organization; and the adoption of innovations in RPA, NLP, AI will not just be important, but a matter of success or failure for many firms.

Simon Moss and Richard Stocks at Symphony AyasdiAI will shoot the breeze on these challenges. Hopefully, bring a lighter perspective to what will be a dark time for the economy, and offer some suggestions on the hard but necessary decisions that the banking industry will need to address.

Additional Resources

The Crypto Explosion II: a Deeper Dive

Why has crypto adoption remained high in spite of heavy losses? Will the FTX bankruptcy lessen confidence in crypto, and will it compel regulators to clamp down harder? Our panel of experts continues its discussion of the future of financial crime detection as the worlds of fiat and cryptocurrencies converge. Watch here.

The True Cost of Money Laundering: Human Trafficking

Not only is human trafficking a humanitarian crime, it is also largely funded by money laundering. Human trafficking generates about $150B a year in profits. In this ACFCS webinar, SymphonyAI Sensa CEO Simon Moss and The Knoble founder Ian Mitchell discuss the role financial institutions play in combating this heinous crime. Watch it here. 

Impact of AI and Machine Learning on Financial Crime

With rapidly emerging technology driving financial criminals, government agencies are finding it harder than ever to keep bad actors in line. Combine this with a shortage of skilled manpower and a lack of predefined regulations, and the problem grows exponentially. ATARC webinar panelists discuss how AI and machine learning can help prioritize investigations, detect criminal […]