As launderers are getting more intelligent with their schemes to launder proceeds from illegal activity, it is getting even more important for AML, Fraud and Sanctions teams to partner together to detect financial crime. Instead of teams operating in silos, institutions should stitch a 360 degree view of a customer's risk. This will empower institutions with more targeted and intelligent detection. 

PwC believes that a creative mindset along with passion to work on data, armed with the right analytical tools can help solve the issue. All hackathon participants will get an opportunity to devise innovative solutions to one of the most pressing global issues in the Financial Crime space. 

Participants will be provided with computing power enabling them to work on their solutions using next generation technology including but not limited to:

- Utilizing Network Analysis, Machine Learning/AI to identify sanctions evasions
- Building complex rules to look for anomalous activity 
- Assessing trends in a users activity
- Analyzing customer behavior