The Fintech Mag

The $4 Trillion Problem Banks spend $206B annually on AML compliance (LexisNexis, 2024), yet: 95% of alerts are false positives (ACAMS) Only 0.1% of suspicious activity reports lead to convictions (FinCEN) AI-powered AML now delivers: 60% fewer false alerts (HSBC case study) 53% more true positives (IBM Research) 80% faster[Read More…]