Artificial Intelligence has been occupying the headlines for months with new tools emerging every day to help workers make better use of their time, but Google Cloud now thinks AI is the answer to put an end to money laundering.
With the launch of its new Anti Money Laundering AI (AML AI) offerning, the company wants to help financial institutions across the globe to detect money laundering more efficiently, a problem that costs banks $2 trillion each year, or around 2-5% of the global GDP.
