Artificial intelligence (AI) continues to realize more potential and benefits in varying sectors of business.¬†Thomason Reuters brought us this interesting news in their release, “Thomson Reuters Harnesses Artificial Intelligence to Filter Media Content in Fight Against Financial Crime.”

Thomson Reuters has enhanced its World-Check One platform with the launch of Media Check, a media screening and processing feature powered by AI. With machine learning technology, the regulatory and reputational consequences of overlooking key data in the fight against financial crime is minimized. Media Check increases efficiency by filtering unstructured content from over 11,000 global print and web sources, giving financial institutions more accurate and relevant data faster.

This is achieved through intelligent searching, a unique AML taxonomy informed by 15 years of industry leading World-Check experience, and machine learning algorithms honed by the World-Check research team.

The benefits of a solid custom taxonomy combined with AI continues to become apparent as the technology evolves. Access Innovations is one of a very small number of companies able to help its clients generate ANSI/ISO/W3C-compliant taxonomies and associated rule bases for machine-assisted indexing.

Melody K. Smith

Sponsored by Access Innovations, the world leader in taxonomies, metadata, and semantic enrichment to make your content findable.