ComplyAdvantage catches $50M for an AI platform and database to detect and stop financial criminal offense

ComplyAdvantage catches $50M for an AI platform and database to detect and stop financial criminal offense

The growth of digital banking has actually opened up a wealth of opportunities for making the world of finance more transparent and accessible to a greater number of people. However the darker underbelly is that it has actually also created more opportunities for illegal activity to flourish, with some $2 trillion washed annually but just 1-3% of [ …] ComplyAdvantage snatches $50M for an AI platform and database to identify and stop monetary criminal offense …