Webinar and Celent Report

Tranforming Adverse Media Screening
A New Paradigm Powered by AI

  • The challenges financial institutions face in adverse media screening
  • How next-generation technology, such as artificial intelligence and machine learning, can transform adverse media screening
  • Benefits and results seen from early adoption cases
  • Considerations for operationalizing AI-powered adverse media screening solutions

Join the Webinar

Webinar

Wednesday, August 18, 2021
2:00 pm ET

REGISTER NOW

Join a webinar hosted by Quantifind for a deeper discussion of the topic of adverse media screening as covered in the recent Celent report.

MODERATOR

Adam Mulliken
SVP, Product
Quantifind

PANELISTS

Arin Ray
Senior Analyst
Celent

Pravin Chandrasekaran
BSA Officer
Varo Money Inc.

Ari Tuchman
CEO & Co-Founder
Quantifind

Download the Report

Download the recent report from Celent to learn how AI is introducing a new paradigm for adverse media screening.

Adverse Media Screening

AI technology has the potential to transform adverse media screening.

Critical money laundering-related information on a financial institution’s clients may be found in media sources. However, traditional technology used in adverse media screening is proving inefficient and ineffective in scanning a vast and rapidly expanding media universe—limiting its application to only known high-risk actors. 

Combatting financial crime in the digital era will require financial institutions (FIs) to strengthen and widen their adverse media screening coverage while improving efficiency and effectiveness of the process. Artificial Intelligence (AI)-powered solutions have the potential to transform adverse media screening and enable more frequent, dynamic, and proactive monitoring of customer risk.

Beyond improving efficiency and effectiveness of current adverse media screening programs, AI-powered solutions can open new horizons in customer screening. They can enable connecting adverse media screening with other screening processes and make it more dynamic and continuous—enabling FIs to take a more holistic, proactive, and risk-based approach in customer screening.

What is Adverse Media? 

Adverse media or negative news is any unfavorable information about an individual’s or entity’s potential involvement in financial crime-related activities. 

Negative news may be found in several sources. 

  • It could be “traditional” news outlets like newspapers or broadcast news. 
  • Negative news can also be found in nontraditional media such as blogs, web posts, social media, and other forums. 

Adverse media analysis can play an important role in AML, but traditional technology used to monitor a vast and exponentially growing universe of adverse media sources is proving inefficient. 

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