Star: AI is reshaping the back-office operations of financial institutions, and OKX has already applied it to compliance and risk control assistance.

BlockBeats news, October 7, at the TOKEN2049 event in Singapore, OKX founder and CEO Star stated that AI's transformation of the financial industry is not only happening on the user end, but is also deeply penetrating back-office operations such as compliance and risk control. OKX has already used AI to assist in identifying risks, supporting investigations into suspicious transactions and behaviors, and providing recommendations to improve processing efficiency and execution consistency. Currently, AI does not directly make compliance or risk management decisions; final decisions are still made by humans.

At the event, OKX board director and former New York Governor Andrew Cuomo also added that clear regulatory rules are an important foundation for fintech companies to expand their services. For companies to provide financial services to a broader user base, they must comply with regulatory requirements and build public trust through compliant operations.