Mastodawn

#AI agents are coming for money launderers

DailyPay, an earned wage access provider that processes $30 billion a year, is an example of an early adopter of #AgenticAI for anti-money-laundering work.

https://www.americanbanker.com/news/ai-agents-are-coming-for-money-launderers

#FinTech #FinServ #Banking #Payments #PayTech

AI agents are coming for money launderers

The latest generation of anti-money-laundering software uses agentic AI to help alleviate AML alert fatigue. Experts say this use of the technology is promising, though they offer some caveats.

American Banker