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AI-Based Anti-Money Laundering (AML) Solutions Market Astonishing Growth by 2028 with ACI Worldwide, FICO, SAS Institute Inc, Brighterion, IBM, Genpact Limited, Fenergo, Compliance AI, BAE Systems, Pegasystems, ComplyAdvantage

09-15-2021 02:01 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Report Consultant

AI-Based Anti-Money Laundering (AML) Solutions Market

AI-Based Anti-Money Laundering (AML) Solutions Market

AI can help by detecting hidden patterns easily missed by its human counterparts and can create accurate segments leading to better rules/thresholds for the AML program. This dramatically lowers the rate of false positives and saves time and effort previously expended reviewing cases.

In the AML world, AI-powered technology can reduce false positives, automate investigation processes, and streamline reporting, so valuable investigator time isn't wasted. AI also decreases risk by finding financial crimes that current transaction monitoring systems (TMS) are missing.

Anti-Money Laundering (AML) is a set of policies, procedures, and technologies that prevents money laundering. There are three major steps in money laundering (placement, layering, and integration), and various controls are put in place to monitor suspicious activity that could be involved in money laundering.

As discussed above, a major benefit of blockchain technology in KYC/AML compliance is that it eliminates the duplication of multiple FIs validating the same set of documents.

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Major Players Covered in this Report:
• ACI Worldwide, Inc
• FICO (Fair, Isaac and Company)
• SAS Institute Inc
• Brighterion, Inc
• Genpact Limited
• Fenergo
• Compliance AI
• BAE Systems
• Temenos AG
• Pegasystems Inc
• ComplyAdvantage
• NICE Actimize
• DataVisor Inc
• Featurespace Limited
• ThetaRay
• Ayasdi AI LLC
• Feeszai Inc
• Jumio Inc
• Tookitaki Holding Pte. Ltd

Report Consultant announced latest research on growth factors and development of Global AI-Based Anti-Money Laundering (AML) Solutions Market. A detailed study accumulated to offer latest insights about acute features of the AI-Based Anti-Money Laundering (AML) Solutions market.

The report contains different market predictions related to market size, revenue, production, CAGR, Consumption, gross margin, price, and other substantial factors. While emphasizing the key driving and restraining forces for this market, the report also offers a complete study of the future trends and developments of the market. It also examines the role of the leading market players involved in the industry including their corporate overview, financial summary and SWOT analysis.

By End User
• Banks
• Insurance Companies
• Asset Management
• Money Service Businesses
• Securities
• Other FSIs

By Use
• Transaction Monitoring
• KYC (Know Your Customer)
• Fraud, Risk & Compliance
• Trade AML
• Capital Markets AML
• Correspondent Banking AML
• Fraud
• Credit Risk
• Crime Pattern Detection
• Risk Scoring Customers and Accounts
• Watch-List Screening
• Alert Management and Reporting
• Other Solutions

The research report of the AI-Based Anti-Money Laundering (AML) Solutions market offers broad analysis about the industry on the basis of different key segments. Moreover, the research report presents a comprehensive analysis about the opportunities, new products, and technological innovations in the market for the players.

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This study also covers company profiling, specifications and product picture, sales, market share and contact information of various regional, international and local vendors of Global AI-Based Anti-Money Laundering (AML) Solutions Market. The market opposition is frequently developing greater with the rise in scientific innovation and M&A activities in the industry. Additionally, many local and regional vendors are offering specific application products for varied end-users. The new merchant applicants in the market are finding it hard to compete with the international vendors based on reliability, quality and modernism in technology.

Detailed TOC of AI-Based Anti-Money Laundering (AML) Solutions Market Research Report-
– AI-Based Anti-Money Laundering (AML) Solutions Introduction and Market Overview
– AI-Based Anti-Money Laundering (AML) Solutions Market, by Application
– AI-Based Anti-Money Laundering (AML) Solutions Industry Chain Analysis
– AI-Based Anti-Money Laundering (AML) Solutions Market, by Type
– Industry Manufacture, Consumption, Export, Import by Regions
– Industry Value ($) by Region
– AI-Based Anti-Money Laundering (AML) Solutions Market Status and SWOT Analysis by Regions
– Major Region of AI-Based Anti-Money Laundering (AML) Solutions Market
i) Global AI-Based Anti-Money Laundering (AML) Solutions Sales
ii) Global AI-Based Anti-Money Laundering (AML) Solutions Revenue & market share
– Major Companies List
– Conclusion

Rebecca Parker
(Report Consultant)
Contact No: +81-368444299

About Us:
Report Consultant - A worldwide pacesetter in analytics, research and advisory that can assist you to renovate your business and modify your approach. With us, you will learn to take decisions intrepidly by taking calculative risks leading to lucrative business in the ever-changing market. We make sense of drawbacks, opportunities, circumstances, estimations and information using our experienced skills and verified methodologies.
Our research reports will give you the most realistic and incomparable experience of revolutionary market solutions. We have effectively steered business all over the world through our market research reports with our predictive nature and are exceptionally positioned to lead digital transformations. Thus, we craft greater value for clients by presenting progressive opportunities in the global futuristic market.

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