ACAMS
CAMS · Question #889
CAMS Question #889: Real Exam Question with Answer & Explanation
The correct answer is A. Adaptable to new AFC typologies through continuous model training. A key benefit of machine learning in identifying suspicious transactions is its adaptability to new anti- financial crime typologies through continuous model training, enabling the system to evolve with emerging threats and patterns.
Question
Which of the following is a benefit of an institution implementing machine learning to identify suspicious transactions?
Options
- AAdaptable to new AFC typologies through continuous model training
- BCompletely unbiased and without error through continuous model training
- CMore consistent and reliable detection outcomes
- DTransparent and easy to explain algorithms for regulator and compliance purposes
Explanation
A key benefit of machine learning in identifying suspicious transactions is its adaptability to new anti- financial crime typologies through continuous model training, enabling the system to evolve with emerging threats and patterns.
Community Discussion
No community discussion yet for this question.