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Most banks lack cutting-edge technology to reduce AML risks, study shows

By Puja Sharma

June 28, 2023

  • AML
  • AML breach
  • AML Compliance

The “worrying weight of compliance” is taking its toll on banks, with almost two-thirds (60%) saying they are concerned about committing an anti-money laundering (AML) breach. One in seven go even further, saying they are “very worried” about the robustness of their compliance procedures. The admissions are revealed in a comprehensive new survey of 500 […]

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