Anti Money Laundering

Because of anti-money laundering laws, banks need to know that the source of their customer’s funds are legitimate. Assessing the risk of money laundering requires the monitoring and screening of customers on an ongoing basis. Unfortunately, these necessary and critical tasks can take up a lot of time.

You can put RPA bots to work to run background, credit, and fraud detection checks on every customer quickly and efficiently, alerting you of any indicators of risk. Then it can store those reports in a centralized location so that you can prove compliance when you need to. (Source: Helpsystems)

Below demo shows the Digital Assistant analyzing people and groups for Money laundering and providing a report with scores of fraud.

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