Resistant AI and ComplyAdvantage launch AI-driven solution to combat financial crime

Resistant AI and ComplyAdvantage launched their solution for fighting financial crime across the U.S. and Europe. Financial crime is a multi-trillion-dollar problem. According to the United Nations, the estimated amount of money laundered globally in one year is 2 – 5% of global GDP, or 800 billion – 2 trillion US dollars. While the cost of fraud and money laundering to financial organizations and other businesses is significant, the cost and damage to economies and … More

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