12:30 to 1:00 PM EDT
Location: Innotribe Stage (INN)
Sensemaker: Swift’s Federated AI Initiative to Tackle Global Fraud
In a world of ever faster and evolving payment solutions, the battle against fraud not only demands robust security, prevention and detection measures from individual institutions alone – but also an unwavering commitment for the industry to fight fraud collectively on a global level. The true cost of fraud is not merely financial, it leads to a profound erosion of trust that affects the entire industry. As such, Swift is committed to working with its global community to develop innovative solutions that prevent fraud and promote a more inclusive global economy that works better for everyone.
Join this session to learn from BNY Mellon, Scotiabank and Microsoft about how they are collaborating with Swift to harness the power of Federated AI and confidential computing to tackle fraud, whilst preserving privacy and data sovereignty.