Hogeschool van Amsterdam

Centre of Expertise Applied Artificial Intelligence

Webinar ADS: Applied AI for FinTech

Month of the AAI | Webinar


Amsterdam Data Science (ADS) in collaboration with the Expertise Centre for Artificial Intelligence (ECAAI) are hosting a two part webinar series to explore Applied AI.

Click here to find the other webinar: Applied AI for Retail

In this webinar we will be exploring how AI is and can be used in the finance sector.


12:00 Introduction & Welcome
12:05 Talk #1: ECAAI Finance Lab
12:20 Q&A
12:30 Talk #2: Machine learning in Financial Economic Crime
12:50 Q&A
13:00 End!

Talk #1 by Kees van Montfoort

Kees van Montfoort is a senior researcher and lecturer at the Amsterdam University of Applied Sciences and expert of the ECAAI Finance Lab.

In his Talk Kees will be introducing the AI Finance Lab. The AI Finance Lab focuses mainly on the financial and administrative functions within companies. These functions are changing radically due to new technologies. AI is increasingly taking over tasks previously performed by humans. The predictions vary from source to source, but roughly half of all jobs will disappear due to algorithms in the next 10 to 20 years. At the same time, many new jobs will be created. They are currently building up knowledge in the following areas: 1) The optimal use of AI in the professional field of Finance & Accounting; 2) The adoption of AI in the professional field of Finance & Accounting; 3) AI and Ethics; 4) Financial Fraud Detection; 5) Financial Innovations.

Talk #2 by Natasha Govender-Ropert

Natasha is currently a chapter lead/technical lead for a data science team at the Financial Economic Crime Analytics department at ING. Natasha has been working in the field of advanced analytics and machine learning for almost 18 years.

Natasha will be discussing Machine learning in Financial Economic Crime. The monitoring of financial economic crime is an important activity of a financial institution. Criminals require access to the financial system in order to realize the benefits of their crimes. Global financial institutions, ar e at risk of being used to facilitate the laundering of the proceeds of crime and the financing of terrorism, and/or becoming involved in transactions related to sanctioned entities or controlled exports. There are a number of different systems which monitors or detects such criminal activities. A large number of these can be manual processes which require substantial man hours or rule based systems which, in general, generate a high number of false positives increasing the workload for analysts down the line. The goal of building advanced analytics models in the KYC and financial crime domain is to enhance the screening, monitoring and detection capabilities that exist. In addition, customer due diligence can leverage analytics techniques for increased efficiency.

About the Expertise Centre Applied Artificial Intelligence

ECAAI encompasses all of the HvA's AI research and education activities. This centre drives the development of applications of AI technology in a responsible and inclusive manner. AI technology and its implications for companies, organisations, governments and people can only be understood in context and through experimentation. Each faculty of the HvA has created a lab that brings research, education and practices together to solve short and middle term challenges in the application of AI. The Finance Lab of Kees van Montfoort is part of the Faculty of Business and Economics.

Get to know the Expertise Centre Applied Artificial Intelligence (ECAAI) of the Amsterdam University of Applied Sciences! Launched in January 2020, ECAAI has turned November in the Month of the AAI, in which it will present itself and its labs officially. All activities are listed here.


Start date 18 Nov 2020


12:00 - 13:00


Liza Verheijke (appliedai@hva.nl)