(ANSA) – MILAN, JUN 24 – Intesa Sanpaolo has set up the AFC Digital Hub (Anti Financial Crime Digital Hub) in Turin, a consortium that will deal with combating financial crimes through the use of new technologies and artificial intelligence which will see as partners the Intesa Sanpaolo Innovation Center, the University of Turin, the Polytechnic of Turin and Centai (Center for Artificial Intelligence, the new research institute dedicated to artificial intelligence participated by the Bank).
AFC Digital Hub intends to become “a national and international point of reference for the fight against money laundering and terrorism and, to pursue this goal, the shareholders intend to facilitate its opening to other credit institutions and intermediaries in the system”, he explains. the bank.
The use of artificial intelligence will allow the AFC Digital Hub to develop innovative solutions and models for identifying suspicious phenomena attributable to illegal activities. The Hub’s scope of analysis, initially focused on phenomena related to money laundering and the fight against terrorism, could in the future be extended to the interception of situations of market abuse and fraud, which have common elements in terms of identification logic suspicious transactions.
“With the signing of the articles of association of AFC Digital Hub we have started a path that will lead us to collaborate in synergy with some Italian excellence in the scientific, technological and academic fields in the fight against digital financial crimes, unfortunately in constant growth throughout the world “, comments Carlo Messina, Managing Director and CEO of Intesa Sanpaolo.
“AFC Digital Hub can represent a support element for the Italian candidacy as the seat of the future European Union Authority for the fight against money laundering, catalyzing the arrival of highly qualified investments and resources and accelerating the country’s innovation and digitization process”, Messina concludes. (HANDLE).
Source: Ansa
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