- 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 is linked to cryptocurrencies
- AI is the preferred solution to tackle financial crime, with 60% of respondents already seeing its positive effects in driving efficiencies in their AML processes and 51% viewing it as a critical element of future AML programs
San Mateo, Calif: AI is the most effective method for improving anti-money laundering (AML) processes and efficiencies according to AML professionals, research from Feedzai, a leading provider of financial crime and risk management solutions.
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