On March 25, 2023, MASc students Harshitha Janakiraman (ChemE), Awwal Malhi (MIE), and Tushar Verma (MIE), supervised by Professor Yuri Lawryshyn (ChemE) participated in the 2022-23 IMI BIGDataAIHUB Case Competition. Their team, also consisting of Dhavalkumar Patel (MIE MEng student), placed 2nd out of 51 teams!
“We want to extend our sincere gratitude to the University of Toronto and our partners, including Scotiabank, IMIx Executive Programs, ICUBE UTM, and STEM Fellowship, for providing us with an incredible opportunity to make a difference as aspiring data scientists,” expresses Tushar.
The case competition provided valuable knowledge on how artificial intelligence (AI) can be utilized to identify money laundering and other financial crimes. Students had the privilege of learning from some of the most reputable professionals in the field, who shared their insights and expertise with them. The speakers’ list from the conference proceeding the case competition included executives from Scotiabank, FINTRAC and other institutes leading the field of utilizing AI to fight financial crimes in Canada.
“As a team, we have developed the skills necessary to apply machine learning to make impactful decisions in the future. We are humbled and honoured to have participated in this competition, and we look forward to utilizing the knowledge we have gained to make a positive impact in our field,” says Tushar.