Europe’s AML System Faces “Structural Failure” Without AI, ThetaRay Warns
Europe’s anti-money laundering (AML) system is teetering on the edge of structural failure, and financial institutions may soon struggle to comply with new regulatory expectations—unless they embrace AI-driven monitoring and customer screening, according to a new study from ThetaRay. The report, Next-Generation AML Solutions: An Analysis of AI-Based Tools vis-à-vis the Reform of the European…
