Global Fraud Trends: Detection & Prevention Using AI & Machine Learning | 27 March 2024

27 March 2024 | Ulaanbaatar

The banking sector in Mongolia is set to experience a significant leap forward in fraud prevention strategies as local and international experts gather for an engaging event organized by the Mongolian Bankers Association (MBA) in partnership with NetGuardians and Sync Systems. This one-day event will draw 60 industry professionals to discuss on the integration of artificial intelligence (AI) and machine learning (ML) in combating banking fraud.

The day will start with an introductory session by the MBA, followed by insightful presentations from NetGuardians’ experts. Aziz Tan, the Business Development Manager, will delve into the innovative approaches to fraud prevention. This will be complemented by Tat Wee, the Regional Sales Director for APAC, who will share global and local insights on fraud trends. A pivotal presentation on Mongolian fraud cases by the Cyber Security of Police Dept. will also take place, providing local context. Furthermore, Daniel Zhou, Presales Manager for APAC, NetGuardians, will provide a detailed overview of the NetGuardians Platform, highlighting real-world uses in fraud detection.

The event is set to conclude with a networking lunch. The event symbolizes Mongolia’s dedication to embracing innovative solutions in banking and setting a precedent for technological foresight in the financial sector.