Trillions of US dollars are being laundered every year to fund illicit activities such as terrorism and trafficking. Banks need to use their resources and breadth of influence to halt these activities. We're working with Silent Eight, a fintech that uses the power of artificial intelligence to help banks combat money laundering. In the video below, Martin Markiewizc, CEO and co-founder of Silent Eight, explains the importance of such partnerships.
Fintechs and banks can work together to tackle money laundering
By forming partnerships with fintechs, banks can use AI and other cutting-edge technology to fight financial crime