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johnbarron 33 minutes ago

Lets hope the models can do a better KYC than the humans have been doing..because they are well known.

Or is this a case of the humans, now preparing for the excuse it was the AI failure?

"BNP Paribas Sentenced for Conspiring to Violate the Trading with the Enemy Act" - https://www.justice.gov/archives/opa/pr/bnp-paribas-sentence...

"BNP Paribas caught up in French money laundering investigation" - https://www.reuters.com/business/finance/bnp-paribas-caught-...

"BNP Paribas faces $246m fine in currency scandal" - https://www.bbc.com/news/business-40635070

"BNP Paribas caught in a Cypriot money laundering investigation" - https://www.lemonde.fr/en/les-decodeurs/article/2023/12/26/b...

In Money Laundering their track record is unmatched: https://violationtracker.goodjobsfirst.org/parent/bnp-pariba...

pavlov 12 minutes ago | parent [-]

When the humans have a track record of corruption, it might make sense for a company to seek parallel opinions from a LLM so they can at least flag suspicious human decisions.

Assuming BNP Paribas leadership wants to stop the corruption of course.

johnbarron 5 minutes ago | parent [-]

They had years to fix it: https://violationtracker.goodjobsfirst.org/parent/bnp-pariba...