Tag : AML Professionals

The UK draws the line on AI in financial crime
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The UK draws the line on AI in financial crime

Andy Renshaw
by Andy Renshaw0
For much of the past decade, the financial services sector has framed artificial intelligence as an innovation story. Faster detection, smarter models, fewer false positives with all compelling benefits in a landscape overwhelmed by fraud and financial crime. But the UK Treasury Committee’s recent call for AI stress testing signals......
AI Is the Most Effective Method for Tackling Money Laundering Threats, According to AML Professionals
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AI Is the Most Effective Method for Tackling Money Laundering Threats, According to AML Professionals

Business Wire
by Business Wire0
New Feedzai research of anti-money laundering (AML) professionals unveiled the most significant threats and solutions to AML processes 46% state that increasingly sophisticated money laundering techniques, including generative AI technology, is one of the biggest threats their business faces 53% note that the majority of money laundering activity they encounter......
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