Banks have been making headlines for increased tax evasion and money laundering in recent years, leading to significant fines. Regulators have responded, imposing stricter requirements on how banks manage their customers and internally audit to assess customer risk profiles. Investing in technology and into a larger fraud prevention workforce are common measures to address these challenges.
Low-code platforms can help you build applications without the need for high levels of coding expertise addressing even the most complex processes. Banks and financial institutions can now assemble applications as well as reuse existing application components to enhance processes and workflows to prevent and detect financial crimes. They are also able to predict future risk of fraud by providing a 360-degree view of data coming from multiple sources.
So, how do you get there?
Join Appian and a select group of your industry peers as we discuss the rapid pace of change in financial services and the solutions that will help you manage risk, drive growth, and deliver exceptional customer outcomes.
Thought Leader Mr. Schild is Global Financial Services Industry Lead at Appian. He is responsible for driving Appian's… Find out more
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