Money laundering is an illicit activity that poses great reputation and regulatory risks to financial institutions. Cloud-based Anti-Money Laundering (AML) solutions offer opportunities for staying ahead of the threats posed by bad actors, while contributing to a safer and efficient operational environment for banks and customers alike. HCLTech’s deep technical and domain expertise, in collaboration with Google’s AI/ ML-driven innovations, can offer robust solutions for banks to manage case-loads and combat money laundering.
Addressing the Challenge of False Positives through Modern Technologies