Machine learning and AI-driven analytics critical to tackle money laundering: FICO

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February 27, 2019

42 percent of respondents in a recent survey conducted by Silicon Valley analyst firm FICO believe that an increased uptake of anti-money laundering (AML) solutions that use machine learning is the best way to improve financial probity.

The survey highlighted that the recent Asian money laundering scandals continue to shake up the financial world, and the ripple effect is still keenly felt across the region.