OKX founder and CEO Star said at TOKEN2049 in Singapore on Oct. 7 that AI is changing more than the customer-facing side of finance, with its role now extending into back-office functions such as compliance and risk control. She said OKX has already deployed AI to help identify risks, support investigations into suspicious transactions and behavior, and generate recommendations aimed at improving processing efficiency and consistency in execution. Star added that AI does not directly make compliance or risk management decisions at this stage, and that final decisions remain in human hands. At the same event, OKX board director and former New York Governor Andrew Cuomo said clear regulatory rules are a key foundation for fintech companies seeking to expand their services. He said firms that want to offer financial services to a broader user base must comply with regulatory requirements and build public trust through compliant operations.
At TOKEN2049 in Singapore on Oct. 7, OKX founder and CEO Star said AI is reshaping finance beyond the user-facing layer and is moving into back-office operations such as compliance and risk control.
Star said OKX is already using AI to help identify risks, support investigations into suspicious transactions and behavior, and provide recommendations. The goal, she said, is to improve processing efficiency and consistency in execution. She also said AI does not directly make compliance or risk management decisions at present, with final decisions still made by humans.
Also speaking at the event, OKX board director and former New York Governor Andrew Cuomo said clear regulatory rules are an important foundation for fintech companies looking to expand their services. Companies that want to provide financial services to a broader group of users must meet regulatory requirements and build public trust through compliant operations, he said.
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