Nasdaq: AI as an ally

AI is the future for many industries, especially those dealing with large volumes of data. In business, transactions and their nature are in special focus in an attempt to fight money laundering.

In this regard, Nasdaq has announced a new automated system as part of their latest AML efforts, which they have said will use artificial intelligence replicate complex human decisions. The system is intended to deal with the volume of alerts for possibly fraudulent transactions which can be generated through current AML monitoring practices.

Read more at https://amlintelligence.com/2020/09/nasdaq-launches-ai-system-in-aml-fight/