Guide to False Positives: Managing and Reducing False Positives in Sanctions Screening with AI and Machine Learning
Michael Diaz
Head of Transaction Screening, Financial Crimes Prevention
UBS
Andrii Dzhaga
FC Trade Controls Policy Lead
Stripe
Riyam Ratnajothi
Director, Sanctions Compliance and Watchlist Management
BMO Financial Group
Kuno Tucker
Chief Compliance Officer
Manulife Wealth
- Strengthening your overall sanctions screening process while reducing your false positive rate
- Looking at false positives through the lens of relevancy versus reduction
- Leveraging AI to significantly reduce false positives while making sure no real matches slip through the cracks
- Navigating challenges to reducing your false positive rates
- Best practices for enhancing data quality in the organization to reduce false positives