Artificial Intelligence Can Nab Money Launderers

AI and linked data can be leveraged to perform a search on a client. The resulting data garnered from both free and paid sites can then be analyzed, categorized, and filtered to identify any issues of concern. Performing these tasks manually is time consuming for a single client. If the client is a company then similar checks must be performed on the company's officers and board members. Employing AI to perform the "heavy lifting"greatly reduces manual effort and frees up the onboarding specialist to focus on the results.