AML News

Artificial Intelligence Fraud Detection in Banking: AI is making Banking Safer

The rise of digital banking and the increasing volume of online transactions have made financial institutions more vulnerable to fraud. Traditional Fraud Detection methods, such

January 29, 2025

AML News

What is Smurfing in Anti Money Laundering?

Smurfing is a common money laundering technique where criminals break down large sums of illicit money into multiple smaller transactions. This is done to avoid

January 22, 2025

AML News

What does AML stand for in Banking?

In banking, AML stands for Anti-Money Laundering. It’s a set of policies, procedures, and technologies that prevent money laundering. AML is important for maintaining the

January 22, 2025