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Banking on Cooperative Values

Colombia

2023

Guest speaker: Ronny Ramirez Garcia: Vice President of IT and Digital Banking (Banco Cooperativo Coopcentral)

AI and Open Finance - The Key to Cybersecurity in the Financial Sector by Ronny Ramirez García (Banco Cooperativo Coopcentral - Colombia)

AI and Open Finance are the technologies that are revolutionizing the financial sector.

AI can detect and prevent cyber-attacks, while Open Finance can improve the security of financial data.Together, these technologies can help financial institutions protect their clients and their cyber offenders’ data.

For example, AI can be used to analyze large quantities of data in real time and detect patterns of activity. Open Finance, on its part, can help financial institutions to compare secure form data, which can facilitate the detection of fraud and the interchange of information between institutions.

The adoption of these technologies is fundamental so that the financial sector remains secure and protected in the future.

2021

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