LEVERAGING DATA AND AI FOR AML

Leveraging Data and Artificial Intelligence for Anti-Money Laundering Compliance

  • Arindam Bhaumik
  • Published: 09 July 2024


Data and artificial intelligence are valuable assets on the front line of the money laundering battle. Harnessing the power of data and AI will be key as financial institutions look to meet their AML responsibilities while ensuring compliance with increasingly stringent regulatory standards.
 
This paper looks into the challenges institutions face with fulfilling their AML obligations along with data and AI considerations to achieve compliance, improve operational efficiency and increase customer satisfaction. 

© Capco 2025, A Wipro Company