
Artificial Intelligence Can Save Banking from Itself
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Shelly Liposky, Global Head, Business Risk & Solutions, recently wrote an article, published to American Banker, sharing insight on how Artificial Intelligence can help financial institutions prevent fraud, improve process, prevent loss, and create capacity.
Originally published to American Banker July 13, 2022.
Would you drive fast at night without lights, airbags, or seatbelts? Hopefully not! As with AI used in vehicles, AI helps banks see what’s coming, so we can change course or stop on a dime.
Using AI to Save us from Ourselves
Many years ago, one couldn't be blamed for a car accident at night. After all, there were no car or road lights to see what was coming, no traffic lights at an intersection and no weather apps to anticipate road conditions. The impact of a traffic accident was expected to be bad because there were no seatbelts, airbags, or alerts to call for help.
As advancements in vehicle and traffic safety have evolved, we are more accountable for anticipating what could go wrong and using tools to prevent it…
Visit American Banker to READ ARTICLE
Artificial Intelligence Can Save Banking from Itself
Global Head, Business Risk and Solutions
Shelly is a Managing Director in BMO Capital Markets where she leads a global team responsible for the first line of defense including Trade Floor Supervision, Busi…
Shelly is a Managing Director in BMO Capital Markets where she leads a global team responsible for the first line of defense including Trade Floor Supervision, Busi…
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Shelly Liposky, Global Head, Business Risk & Solutions, recently wrote an article, published to American Banker, sharing insight on how Artificial Intelligence can help financial institutions prevent fraud, improve process, prevent loss, and create capacity.
Originally published to American Banker July 13, 2022.
Would you drive fast at night without lights, airbags, or seatbelts? Hopefully not! As with AI used in vehicles, AI helps banks see what’s coming, so we can change course or stop on a dime.
Using AI to Save us from Ourselves
Many years ago, one couldn't be blamed for a car accident at night. After all, there were no car or road lights to see what was coming, no traffic lights at an intersection and no weather apps to anticipate road conditions. The impact of a traffic accident was expected to be bad because there were no seatbelts, airbags, or alerts to call for help.
As advancements in vehicle and traffic safety have evolved, we are more accountable for anticipating what could go wrong and using tools to prevent it…
Visit American Banker to READ ARTICLE
Business Risk and Solutions
PART 1
The Human Error Tax
Shelly Liposky July 12, 2021
Human errors cost big money. While banks aren’t required to report how much human error costs them each year, we can guess that human…
PART 2
Using Creativity To Help Manage Risk For Financial Institutions
Shelly Liposky April 22, 2022
As part of the American Banker Leaders series, Shelly Liposky, Head, Business Risk and Solutions, shares her experiences and how she is usi…
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