Anti-money Laundering Market Insights by 2031 & Covid-19 Analysis | NICE Actimize, Tata Consultancy Services, Trulioo, Cognizant Technology Solutions

Global Anti-money Laundering Market report from Global Insight Services is the single authoritative source of intelligence on Anti-money Laundering Market. The report will provide you with analysis of impact of latest market disruptions such as Russia-Ukraine war and Covid-19 on the market. Report provides qualitative analysis of the market using various frameworks such as Porters' and PESTLE analysis. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.

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Anti-money laundering (AML) refers to a set of procedures, laws, and regulations designed to prevent criminals from generating income through illegal activities. AML measures are typically implemented by financial institutions and government agencies.

Key Trends:

There are a number of key trends in anti-money laundering (AML) technology. One is the increasing use of artificial intelligence (AI) and machine learning (ML) to help financial institutions detect and prevent money laundering. AI and ML can be used to analyze large amounts of data to identify patterns and anomalies that may be indicative of money laundering.

Key Drivers:

The key drivers of Anti-money Laundering market are government regulations, financial institution requirements, and the need to protect businesses and consumers. Government regulations are in place to prevent money laundering and terrorist financing. These regulations require financial institutions to put anti-money laundering (AML) controls in place and to report suspicious activity. Financial institutions are also required to know their customers and to monitor transactions for suspicious activity.

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Market Segments;

The anti-money laundering market report is bifurcated on the basis of type, deployment mode, organization size, end-user, and region. On the basis of type, it is segmented into solutions and services. Based on deployment mode, it is analyzed across on-premises and cloud. By organization size, it is categorized into SMEs and large enterprises. By end-user, it is divided into banks & financials, insurance providers, and gaming. Region-wise, it is studied across North America, Europe, Asia-Pacific, and rest of the World.

Key Players:

The anti-money laundering market report includes players such as NICE Actimize, Tata Consultancy Services Ltd., Trulioo, Cognizant Technology Solutions Corp., ACI Worldwide, Inc., SAS Institute Inc., Fiserv, Inc., Oracle Corp., BAE Systems.

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