It’s Time to Innovate Your AML and Sanctions Compliance: How AI is Modernizing Financial Crime Fighting

Financial criminals are constantly seeking out vulnerabilities in financial institutions’ anti-money laundering (AML) and sanctions programs and innovating their methods to circumvent investigative efforts. 

While bad actors are constantly innovating, the same can’t be said of FIs. There has been an unsustainable status quo within AML and Sanctions compliance. There are financial crime problems today that existed 15-20 years ago, and banks and financial services companies have been slow to find innovative ways to solve them. 

The good news is that today’s technology can easily bring automation into AML and Sanctions compliance programs.  

This eBook explores five areas where AML and Sanctions compliance teams can quickly benefit from leveraging the latest technology innovations. 

In this eBook you will learn:

• How AI is alleviating sanctions strain 
• How to protect payments, including real-time payments, from sanctions violations
• Why organizations should consider the movement to perpetual KYC 
• The benefits of leveraging AI to reduce brain drain and overcome staffing challenges