Artificial Intelligence Insights Shared At FinTech Fesitival

13-November-2018

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Kount, a leading provider of fraud prevention solutions, today announced that its CEO, Brad Wiskirchen, participated on an “AI in Finance Summit” panel at the Singapore FinTech Festival, a gathering of more than 30,000 participants from 100 countries to address the latest issues in global FinTech. Focused on how AI is driving transformation in financial services, from efficiency to personalization, Wiskirchen presented alongside executives from Prudential plc, EqualKey Corp, ThetaRay, and KPMG Singapore.

A longstanding financial services expert, Wiskirchen served as the Chairman of the Board of the Salt Lake City Branch of the Federal Reserve Bank of San Francisco in 2014 and 2015. Currently, he serves on the High-Level Advisory Group of the International Monetary Fund’s Interdepartmental Working Group on Finance and Technology.

“I was excited to participate in this year’s Singapore FinTech Festival with other leading innovators to discuss how financial institutions must intelligently balance the need for security and regulation with consumer expectations of ease and efficiency,” said Wiskirchen. “Digital transformation allows organizations to interact with consumers like never before, bringing with it both risks and tremendous opportunities. Kount products use AI as a vital component to help our clients make the most of these opportunities while protecting themselves from malicious financial activity.”

For more than a decade, Kount has incorporated advanced predictive technology into its products. Using a combination of unsupervised and supervised machine learning, the company’s proprietary technology analyzes billions of data points, from transactions around the world, to determine the relative risk and safety of a transaction. With unsurpassed domain knowledge (possessed by both its decision scientists and client success specialists), Kount provides powerful insights, arming clients with the actionable intelligence necessary to beat fraud and boost sales.

About Kount

Kount helps businesses boost sales by reducing fraud. Our all-in-one, SaaS platform simplifies fraud detection and helps online businesses accept more orders. Kount’s turnkey fraud platform is easy-to-implement and easy-to-use. Kount’s proprietary technology reviews billions of data points and provides maximum protection for some of the world’s best-known brands. Merchants using Kount can accept more orders from more people in more places than ever before. For more information about Kount, visit http://www.kount.com.

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