How machine learning could prevent money laundering

Machine learning is being put to use in all sorts of areas today. From smart cars and homes and beyond, the use of artificial intelligence (AI) and machine learning (ML) are becoming a larger part of how many companies conduct business. As more and more businesses are hit with cyber crime rather than physical crimes, there has been a needed shift from commercial surveillance systems towards cyber security systems to protect confidential data. More recently, we've seen ML sink its teeth into anti money laundering (AML) with big potential impacts there. Most current AML systems are founded on an extensive list of rules.