There are a lot of political and social issues swirling around the use of social media. Increasingly, social media accounts are also being used for business communication, banking, and a wide variety of other professional applications.

At the same time, fraud detection has become more important than ever before. New account fraud, synthetic identity fraud, and ecommerce fraud prevention require constant vigilance and technological development. Fraud concerns have also spurred increased interest by government entities concerned with consumer safety and protection. AML technology is a crucial way of ensuring not only compliance with that interest but also consumer protection.

AML Technology

Why is AML technology so crucial? The task of remaining in compliance and protecting customers and clients has become too great for human beings to accomplish on their own. I Continue reading The Present and Future of AML Technology →