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Presight AI and ISS Host Successful Forum at Inter-American Development Bank Annual Meeting

Presight AI and ISS Forum on AI in Government Finance | ISS Video Analytics

Top government speakers discuss uses of artificial intelligence to combat financial crimes, fraud, collect taxes, and serve citizens better.

Punta Cana, Dominican Republic – March 9th, 2024 – Presight and ISS (Intelligent Security Systems) hosted a forum at the prestigious Interamerican Development Bank (IDB) annual meeting this week. The meeting gathers ministers of finance, economy and planning, as well as central bank directors, from more than thirty countries within the region. The topic was: “The AI Frontier in Government Finance” and focused on how advanced technologies are helping governments reduce fraud, curb money laundering and enhance tax collections. 

The event convened an impressive lineup of distinguished personalities and experts, including: Emilio Pineda, the Fiscal and Municipal Management Division Chief at IDB; Renata Vargas Amaral, Secretary of International Affairs and Development from the Ministry of Planning and Budget of Brazil; Osvaldo Santin, representing Mexico’s SAT Tax Collection Agency; Andres Valenciano, director of ECLAC (Economic Commission for Latin America and the Caribbean); Santiago Guierrez, executive editor of Editora Latin Trade; and Marcio Ferreiera Verdi, Executive Secretary of the Inter-American Center of Tax Administration.  

 The event served as a vital platform for attendees to explore innovative strategies and collaborative solutions to address the evolving challenges posed by financial crimes in the region. With an estimated four to six percent of regional GDP lost each year to tax avoidance and financial crimes (IDB and World Bank estimates), the use of advanced technologies has the potential to have meaningful economic impact for Latin America and the Caribbean.  

“We are delighted at the success of the event; the speakers were first rate and the intelligence shared between the participants was impactful and innovative”

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Richard Burns
Chairman at ISS

Abdul Karim Sawan
Vice President at Presight

“It was an honor to be among financial experts from the different governments of Latin America. I shared with them some of the success stories from the UAE, but I’ve learned here as much as I’ve imparted.

Amidst the exchange of ideas and experiences, the over 50 attendees also enjoyed networking opportunities and a lively atmosphere, fostering connections and camaraderie among participants.   

For further information about Presight AI, its initiatives or products, please contact Abdul Sawan; For ISS, please contact Latin American Managing Director Fernando  Hernandez. 

About ISS – Intelligent Security Systems
Headquartered in Woodbridge, N.J., with offices worldwide, Intelligent Security Systems (ISS) is a leading provider of video intelligence and data awareness software. The company, which was founded more than two decades ago and holds over 30 different patents and trademarks, is a pioneer in the development of next-generation video analytics. With an R&D team consisting of over 180 developers and engineers, ISS provides a comprehensive line of leading-edge video surveillance solutions for a wide range of use cases and vertical market applications. ISS information.

About Presight 
Presight, an ADX-listed public company limited by shares whose majority shareholder is Abu Dhabi company G42, is the region’s leading big data analytics company powered by Artificial Intelligence (“AI”). It combines big data, analytics, and AI expertise to serve every sector, of every scale, to create business and positive societal impact. With its world-class computer vision, AI and omni-analytics platform as its engine, Presight excels at all-source data interpretation to support insight-driven decision-making that shapes policy and creates safer, healthier, happier, and more sustainable societies. Visit Presight website for more information.

 

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