Let’s Join Forces 

Technology is essential to every financial institution’s anti-money laundering program. 

Basically, the whole industry is banking (pun intended) on innovative technology such as big data (BD), artificial intelligence (AI), machine learning (ML), predictive analysis (PI), to simplify complex processes and automate repetitive tasks and sink costs.

Therefore, it is necessary we understand the limitations and benefits of these innovative technologies. Even though large financial institutions spend more on Anti-Money Laundering, the smaller financial institutions have a much larger cost burden in complying with AML regulations.

Therefore, the AML Knowledge Centre is always on the look out for innovative technologies to join forces with for the purpose of combating financial crime.