Supercharge Your Career with Generative AI & ChatGPT!
Using AI for Fraud Prevention & Risk Management
You’ll learn how to spot sneaky fraud patterns, explore cutting-edge AI tools that sniff out suspicious activity, and see how AI teams up with risk management to create a rock-solid defense. Plus, we’ll help you navigate the tricky world of fraud regulations with confidence. Get ready to level up your fraud-fighting game!
Using AI for Fraud Prevention & Risk Management Course
$273.00 ($763.00 bef. Subsidy)
-$490.00 (Subsidy)*
*This is a projected amount, should you qualify for these.
Classroom Learning
1 Day, 9am to 5pm
Looking for 90% Subsidy?
View Corporate Training
Why Choose Using AI for Fraud Prevention & Risk Management?
If you’re looking to outsmart fraudsters and future-proof your career, our Using AI for Fraud Prevention & Risk Management course is your next power move. Whether you're in finance, compliance, or tech, this course will equip you with the tools to harness AI for smarter, faster fraud detection and stronger risk strategies. You'll gain real-world insights, learn from industry experts, and walk away ready to make a serious impact in your organization.
1 Day Classroom Learning
Course ID: TGS-2024047994
Who is This Course For?
*Learners need to possess basic information and communication technology (ICT) skills. There are no *pre-requisites for professionals who would like to pursue the certification course.
Core Competencies You'll Gain:
AI's role in fraud prevention
Identify fraud red flags early
Explore user-friendly AI tools
Integrate AI with risk management
Apply regulations and policies effectively
Using AI for Fraud Prevention & Risk Management Course Details
Our Using AI for Fraud Prevention & Risk Management course goes beyond theory, blending cutting-edge strategies with real-world financial scenarios. You’ll dive into essential topics like AI-driven fraud detection, identifying red flags, integrating AI with risk management, and aligning with regulatory standards, all brought to life through interactive case studies, practical exercises, and expert insights. This isn’t just another course; it’s your gateway to confidently leveraging AI to protect your organization, outsmart fraudsters, and drive smarter, safer business decisions.
Classroom Learning
@ Holiday Inn (Orchard City Centre)
@ Concorde Hotel
1 Day,
9.00am to 5.00pm
Course Fee & Subsidies
Singaporeans aged
40 and above
Course Fee
$763.00
70% WSQ Subsidy
-$490.00
Amount to Pay
$273.00
Singaporeans aged
below 40
Course Fee
$763.00
50% WSQ Subsidy
-$350.00
Amount to Pay
$413.00
Permanent
Residents
Course Fee
$763.00
50% WSQ Subsidy
-$350.00
Amount to Pay
$413.00
*Please note that a $20 non-refundable registration fee applies for all course registrations
*Prices quoted are inclusive of GST at the prevailing rate
UTAP Support: In addition, NTUC members can utilize UTAP to offset 50% of remaining fees (capped up to $500 per year)
Course Dates for Using AI for Fraud Prevention & Risk Management
No schedule dates available for this course.
Meet Your Trainers
Alvin Lam
Artificial Business and Blockchain Technology Expert
(Co-Founder of AI Vision Fund)
Alvin Lam, Co-Founder of AI Vision Fund. MIT and Oxford Certified Expert in Artificial Business and Blockchain Technology. Alvin has more than 20 years of experience in enabling technology and processes to serve businesses. With an unparalleled unique combination of business and IT Consultancy, Alvin has established himself as one of the most highly regarded thought leaders in Asia, specializing in the areas of Artificial Intelligence, Business Blockchain and digital business strategy. MIT Sloan Executive Education & MIT CSAIL, Professional Certificate in Artificial Intelligence University of Oxford, Certificate in Oxford Blockchain Strategy MBA, Murdoch University BSc (Merit) Computer Engineering, Nanyang Technological University Institute of Adult Learning, Advanced Certificate in Training and Assessment.
Andeed Ma
Director of Operations and Enablement, ByteDance
Mr. Andeed Ma is the Director of Operations and Enablement ByteDance. He has been a cloud business and risk management leader for more than 13 years with major SaaS enterprises such as ServiceNow and Ivanti. He is currently the Director of Operations and Enablement for ByteDance, and an adjunct lecturer at the Singapore University of Social Sciences (SUSS) teaching Hyperautomation, Artificial Intelligence (AI), Machine Learning, and AI Ethics. He serves as the President and Chairman of Governing Council of Risk and Insurance Management Association of Singapore (RIMAS), a non-profit enterprise risk management association. Andeed leads the AI Risk Chapter in RIMAS as well.
Using AI for Fraud Prevention & Risk Management Course Outline
- What are the Key Fraud Risk areas in financial institution
- Understanding how AI can be integrated in fraud detection
- What are the common types of fraud AI can detect
- What are the benefits of using AI in Fraud Detection as compared to traditional Fraud Detection methods
- What are the challenges of using AI in Fraud Detection
- Case studies: AI Success Stories in Fraud Management
- Understanding AI Tools for Fraud Management
- What are the red flags indicating that there is fraud in a financial institution
- What are the common types of concealment acitivites and they pose significant challenge in fraud detection and prevention effort
- Comparison between traditional vs ai-infused methods of analyzing fraud patterns
- What are the tecnhiques for fraud pattern recognition
- Overview of user-friendly AI tools, including IBM Watson Assistant, SAS Visual Analytics, Tableau, and Microsoft Power BI.
- What are their key features
- What are their use cases
- How to utilize these AI Tools for Fraud Detection
- Why is there a need for integrating AI in Risk Management
- What are the use cases of AI in Risk Management
- What are Strategies for Successful Integration of AI in Fraud Management
- Maintaining and Updating AI Tools for Optimal Performance
- Introduction to the key regulations in fraud management globally
- Overview of the regulatory landscape governing fraud detection and prevention in Singapore
- Why is there a need to Implement Effective Regulations to Prevent Fraudulent Activities
- Utilizing the 9-Step Document Review Process to Uncover Potential Fraud Indicators.
- Managing Fraud Post-Document Review: Implementing the 3-Step Reporting Procedures.
- Essential Considerations During the Reporting Procedure.
3 Easy Steps to Enroll
1
choose desired
course schedule
Choose convenient classes on evenings or weekends.
2
subsidy
Calculation
Fill out the form to calculate your government subsidies.
3
register
Online
Secure your place with a deposit and start today.
achieve mastery in Using AI for Fraud Prevention & Risk Management today
Upon successfully completing the Using AI for Fraud Prevention & Risk Management course at Aventis Learning Group, you will receive an IBF-accredited certification recognized by employers in Singapore. This certification serves as a testament to your expertise in digital assets, helping you showcase your skills to potential employers and professional networks.
Bonus Tip: Display your certification on LinkedIn to strengthen your professional profile and capture the attention of potential employers.
FAQ
AI can be a powerful ally in fraud prevention by analyzing vast amounts of data in real time to detect unusual patterns, behaviors, and anomalies that may indicate fraudulent activity. It helps identify risks faster and more accurately than traditional methods, allowing organizations to stop fraud before it escalates. From machine learning algorithms that spot subtle red flags to predictive models that anticipate future threats, AI transforms how businesses protect their assets and customers.
Yes, up to 70% funding support is available from The Institute of Banking & Finance (IBF) for our IBF-accredited programmes:
The IBF Standards Training Scheme ("IBF-STS") offers funding for training and assessment programmes accredited under the Skills Framework for Financial Services.
Eligible Singaporeans and PRs enrolled in our IBF-accredited courses can receive funding support through IBF-STS, subject to fulfilling all eligibility requirements.Yes, all our courses are eligible for Union Training Assistance Programme (UTAP) Funding. NTUC Union members can use UTAP to offset 50% of unfunded course fees (capped at $500 per year).
This claim must be done after completion of the course. Please refer to the UTAP FAQ for more information.
The IBF funding support works on a nett fee model. This means that the subsidy is applied upfront, and you will only need to pay the balance course fees after the subsidy. For example, if you are eligible for 70% subsidy, you only need to pay the remaining 30% upfront.
To be eligible, you’ll have to meet the following prerequisites.
For Self-Sponsored:
All Singaporeans or Singapore Permanent Residents (PRs) that are physically based in Singapore and successfully complete the course will be eligible.
- Be a Singaporean Citizen or PR based in Singapore
- Minimum of 75% attendance (this means that you must attend at least 6 out of 7 lessons)
- Pass the final assessment
Any balance course fees can be offset using your SkillsFuture Credits & NTUC UTAP funding.
For Company-Sponsored:
- Be from Financial Institutions that are regulated by the Monetary Authority of Singapore (MAS) (either licensed / exempted from licensing) or Fintech companies that are registered with the Singapore Fintech Association.
- Be a Singaporean Citizen or PR physically based in Singapore
- Minimum of 75% attendance (this means that you must attend at least 6 out of 7 lessons)
- Pass the final assessment
A laptop is required for this course. No special software or other hardware is required for this course participation.
