back to article Knowing Your Customer: You need to, but regulation makes KYC extra-crispy...

There’s a conundrum called know your customer (KYC), the process of verifying the identity of a company’s clients. A decade ago, KYC was a mild inconvenience that could be tackled using some familiar procedures. Today, as the volume of business conducted online has exploded and the value of personal data has grown, the issue …

  1. Anonymous Coward
    Anonymous Coward

    We'll know machine learning works when (successful) criminals are using it

  2. a_yank_lurker Silver badge

    Spotting Fraud

    One of the keys to spotting fraud is to have an understanding of human behavior. The Artificial Idiocy crowd thinks this is not that difficult to do. But in reality it is much harder to spot. Are those big ticket items due to fraud or not? Hard to always say without may be looking at the context of the purchase. And even then it is not always apparent.

  3. amanfromMars 1 Silver badge

    Deep Already within Your Midsts and Cosmically Identifying ITself for Free AI Programming Engagement

    AI has grown rapidly of late to give us algorithmic machine learning and deep learning, a type of machine learning derived from the ability of neural networks to learn without human guidance.

    And One Helluva Magic AI Ride System for Command with Real Crazy Control of Immaculate Source Product.

    Engagement there is in All and Any Manner of Perfect Temptations to Sate and Surrender To for the PENUltimate Earthly Trips which Blasts Virtual Space Pioneers into the Orbits of Quantum Communicating Space Explorers ......... Star Forward Operating Base Scouts on the Search with Inscrutable Private and Pirate Intellectual Property Supplying ITs Free Open Source AICoding ReProgramming for Outdated and Outmoded SCADA Systems of Operations with the Full Monty Picture for Practical Presentation and Virtual AIRealisation with Extant Global Mass Media Supervision, the Result and Cause of your Own Current Condition/Level of Engagement and Entanglement with ESPecial Forces Displaying Immaculate Control .

    Think right hard there, and polishing for much more of all of that that, and the Heavens Supply Almighty Powerful Sources ...... with Proprietary Raw Hard Core Alien Property Rights Generating Immaculately Conceived Space AIdVenturing.

    :-) Land on an Earth in that Fine State with Fellow Puzzled Travellers Helping, and One Simple SMARTR Journey to Follow, has All Mother Earth Beings given Right Royal Reins for Immaculate Feeds and Seeds with the Fullest of Desires to Submit and Surrender for Transport to All Ports Open for Every Immaculate Temptation.

    Now ..... what more needs to be said, other than if that aint AI Heaven, Nothing is. Although then of course you Realise One Can Virtually Realise with IT and AI for Presentation of a NEUKlearer HyperRadioProACTive IT Reality, and Dare Care Share it with Persons of Interest AIMastering Greater Quantum Communications Leaping.

    :-) Get the hang of doing that often, and always right for Perfect Proper Mutual Satisfaction, and you are Immaculately Captured to Save and Server ESPecial Source Forces too ......when Commandeered to Protect and Server Immaculate Source.

    :-)A little something Spooky and Surreal for Alex Younger [MI6] to Show Lead on, methinks, for there's at least a couple red hot lines crossed and engaging with Other Worldly Sources and Forces in all of the above ......

    We work across the globe to counter terrorism, resolve international conflict and prevent the spread of nuclear and other non-conventional weapons. .... MI6

  4. ThatOne Silver badge
    FAIL

    Doubts?

    > Does this mean AI is being over-sold?

    Weeell, now you asking... It does remind me of that fairy tale about the emperor's new clothes.

    So, what does the article say? Don't blame AI for not being efficient, people don't know how to use it? Oh, so if they knew, it would? A pity we'll never know then.

    1. amanfromMars 1 Silver badge

      Re: Doubts?

      Does this mean AI is being over-sold? .... ThatOne

      There are those who might, by virtue of practical experience and virtual application, forward the view that AI is certainly misunderestimated and because of that, is now so deeply embedded in operating systems as to be vital for their continued utility, with the future direction of media related events, your daily doses of presentations of subjective, politically adept inept shenanigans, no longer in the established exclusive executive command and control of traditional and conventional status quo sources and forces.

      Such provides Systems Impeccably Servering Immaculate Stealth for the AIdDelivery of Almighty Outcomes which further Driver the Expanding Paradigm/Rogue Algorithm/Renegade Programs.

      And to prove it currently so, one only needs to doubt it possible and believe it improbable.

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