How to start using AI to combat money laundering

by Tier1 Financial Solutions | Best Practice

It is not surprising that many are looking to new solutions that include artificial intelligence (AI) and, more specifically, machine learning (ML) to help propel the effectiveness and performance of their AML programs. However, while there is much enthusiasm for the promise of what new technology can offer, there is also much hesitation since many don’t understand how AI and ML work and what it can and will do for them. This article discusses how to get started and what to expect.

About Tier1 Financial Solutions

Alessa is a compliance, controls monitoring and fraud prevention solution that allows organizations to ensure compliance, decrease risks and more.

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