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AI could save $183bn in AML compliance costs

Money laundering continues to undermine the global economy, draining an estimated $5.5tn every year according to new research by Napier AI. The report reveals...
New Napier AI report highlights $3.13trn potential savings with AI in AML compliance

New Napier AI report highlights $3.13trn potential savings with AI in...

Napier AI, a RegTech company offering a range of compliance tools and services, has launched its inaugural AI / AML Index, revealing that artificial intelligence could enable global economies to save $3.13trn annually by enhancing the detection and prevention of money laundering and terrorist financing.

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