The ABBL supports research projects for the benefit of ABBL members, such as the research project about Trustworthy AI for instant AML due diligence, funded by ABBL Foundation for Financial Education and SnT of the University of Luxembourg, to resolve possible flaws in the reliability of artificial intelligence (AI) in the banking sector and to provide solutions to transaction monitoring.

University and ABBL to explore AI for instant AML due diligence

The project, launched on 14 January 2021, aims to craft a methodology and supporting tools for making AI auditable, traceable and secure.

University and ABBL to explore Distributed Ledger Prototype for KYC

The project, which ran from 2017-2021, uses distributed ledger technology and data analytics for know your customer compliance.