Monday, September 25, 2023

AI, Machine Learning to Fight Money Laundering

By DAC000 , in AI Machine Learning Regtech , at September 9, 2021 Tags: , ,

according to Global Banking & Finance. About a one minute read.

Comment: yes, nice read and good intro to the application of Machine Learning in the regulatory space. Anything that can help reduce the number of Suspicious Activity Reports (SAR) filed is an improvement. By some accounts, as little as 1% of the SARs created by financial institutions are investigated.