Recording: Artificial Intelligence: Friend or Foe in Fighting Financial Crime?


A public discussion on the threats and opportunities that AI poses and the impact this is having on the financial crime world.

Watch the event recording


This panel discussion on ‘Artificial Intelligence: Friend or Foe in Fighting Financial Crime?' is part of the Centre for Financial Crime and Security Studies Autumn Events Series.

In a financial system swamped with data, the ability of banks and their supervisors to pool, understand and illuminate information and to generate insights to support financial crime-fighting is seen by many as the 'Holy Grail’, with AI the great hope for (near) real-time assessment. AI also has the potential to automate and improve existing manual processes, freeing up resources for more high-impact activities.

But AI can also overwhelm the defences built by the financial system. The benefits of AI for industry are the very same benefits that will make the technology appeal to criminals. Criminals are consistently one step ahead of bankers and authorities, and AI will surely help keep them there.

To debate these issues, we are pleased to welcome:

  • Charmian Simmons - Financial Crime & Compliance Expert (EMEA), SymphonyAI Sensa-NetReveal 
  • Howard Rawstron - Head of Economic Crime Risk Management Framework Team, Lloyds Banking Group
  • Dr Aleksandra Jordanoska, Senior Lecturer at the Dickson Poon School of Law, Kings College London


The discussion is moderated by Kathryn Westmore, Senior Research Fellow at the Centre for Financial Crime and Security Studies at RUSI.


Event Chaired by

Kathryn Westmore

Senior Research Fellow

Centre for Financial Crime and Security Studies

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