As Anti-Money Laundering (AML) control evolves, criminals find ways to convert their illicit earnings into legitimate earnings. One of the most prevalent and critical money laundering methodology deployed by criminals is to exploit the complex processes of international trade. Financial Institutions across the globe are investing in upgrading their financial crime prevention systems on the basis of Artificial Intelligence (AI) and Machine Learning (ML) technologies.
IDBI Intech Offerings:
IDBI Intech offers a specialized module to detect trade based money laundering on a real-time basis, which includes following features: