“Organizations now struggle with soaring compliance costs, growing backlogs, and an overall deterioration in the efficiency of their AML functions.” – Omer Jacoby.
New and emerging technologies allow financial institutions to increase the effectiveness and efficiency of their AML programs. By doing so, financial institutions can scale their operations and reduce costs within their compliance functions. However, many organizations struggle with navigating the complexities of these technologies and how they may apply to their business.
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