In our ongoing discussions around false positives, we constantly strive for a state where none exists—a nirvana-like scenario. So, how close are we to actually achieving that? This panel session will delve into the root causes of false positives in AML transaction monitoring, current mitigation strategies, and innovative approaches and technologies that could potentially pave the way toward more accurate detection and reduced operational burden.

Key Discussion Points:

• How close (or how far away) are we to completely eliminating false positives?
• The role of AI and advanced analytics in improving detection accuracy and reducing false positives
• The impact of false positives on regulatory reporting and audit processes
• Experts weigh in on the long-term vision of false positives and whether we will ever get rid of them