Payment Systems Broadcast #17 - Anomaly Detection in Payment Systems: Findings and Implications

With:

| Anneke Kosse, Senior Economist (Bank for International Settlements)

| Ajit Desai, Principal Data Scientist (Bank of Canada)

Given the substantial volume of transactions processed daily, finding anomalies is much like finding a needle in a haystack. So, how can Anneke Kosse and Ajit Desai’s novel machine-learning framework enhance transaction monitoring? 

Annke Kosse and Ajit Desai discuss their framework and how it significantly enhances the resiliency and efficiency of payment systems in this Payment Systems Broadcast.