How This Company Wants To Prevent The Next Financial Crisis

Management Today

Fonetic’s search technology is more accurate in combing through the myriads of cryptic calls than transcription technology, which loses about 60% of data from the beginning, as its algorithms are based on categories and topics, Richards said. Compliance officers can set up alerts on the company’s platform, which also pulls in chat rooms and emails, so they can try to proactively detect a potential fraud before it happens.