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AI speeds Nasdaq fraud investigations by 33%

AWS Financial Services Symposium 2024

Vaidik TrivedibyVaidik Trivedi
June 7, 2024
in Banking
Reading Time: 3 mins read
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NEW YORK — The Nasdaq Stock Market index is using AI to streamline its efforts to investigate suspicious trading and anti-money laundering.  The New York-based exchange is using gen AI to identify behaviors like pump-and-dump or spoofing schemes in trading, Tony Sio, head of regulatory strategy and innovation at Nasdaq, said at this week’s AWS […]

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Tags: anti-money laundering (AML)artificial intelligence (AI)AWSNasdaqNYSEPremium
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