AML Softwares

This category will list down the news and details regarding some AML software solutions which are in the market

September 26 2017 Today, ZestFinance announces the release of a new anti-money laundering product, Zest for AML™, at the 16th annual ACAMS AML & Financial Crime Conference. Zest for AML enables lenders to prioritize and investigate alerts from their existing anti-money laundering systems, cutting investigation times by up to two-thirds...
September 21 2017 Gurjeet Singh, co-founder and Executive Chairman of Ayasdi, spoke to bobsguide about the challenges of compliance with anti-money laundering, the characteristics of AI, and how AI is vastly improving false positive rates on suspicious security reports.  
September 6, 2017 Exiger, the global regulatory, financial crime, risk and compliance company, announced today that ALM Intelligence has named it a leader in financial crimes consulting. In the report titled ALM Vanguard – Financial Crimes Consulting, ALM Intelligence notes, "Exiger consultants bring their real life experience as seasoned compliance veterans...
September 5 2017   As per the United Nations Office on Drugs and Crime (UNODC) estimate, each year, across the globe, the value of money that is laundered equate to 2 - 5% of the global GDP. In absolute term, this amounts to USD 800 billion – USD 2 trillion. Unsurprisingly...
September 6, 2017 Today’s financial institutions are grappling with high volumes of customer, transactional and other internal data sets. If intelligently analyzed, these vast stores of data can prove invaluable to institutions by helping them uncover financial crimes risk. However, leveraging new advancements in data science, including artificial intelligence (AI), machine...
August 24 2017 Mizuho Bank has selected IBM’s recently announced regtech offering IBM Financial Crimes with Watson *2 that efficiently manages all financial crimes investigation efforts through streamlined research and advanced investigation techniques. The Watson-powered software, which runs on the IBM Cloud, analyzes a wide range of data sources, including...