Singapore’s UOB Claims its AI enabled AML Tech has Been Quite Effective at Identifying Potentially Fraudulent Transactions
United Overseas Bank (UOB) has revealed that its artificial intelligence (AI)-powered anti-money laundering (AML) technology has been quite effective at assisting the Singapore-based bank with analyzing large volumes of transactions to identify suspicious or potentially fraudulent financial activities. The UOB, a multinational banking organization with… Read More
Read more in: Artificial Intelligence, Asia, Fintech, Regtech & Legaltech | Tagged ai, aml, anti money laundering, artificial intelligence, financial fraud, fraudulent transactions, singapore, suspicious activities, united overseas bank, uob, victor ngo