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Technological advancements are triggering the number of cyber-criminals. However, FinTech firms have the potential to help banks around the world to stay competitive in the global market. The use of more robust systems combined with advanced technologies in tracking digital currency, machine learning, and connecting data have opened up possibilities to combat money laundering. With increasing consumer adoption and subsequent transaction volumes in competitive FinTech firms in 2019, many firms shifted to automated anti-money laundering practices. The automated anti-money laundering systems provide a negligible number of false positives compared to those generated by traditional data and technology. This reduces the adverse effects of false positives, keeping the operational costs within the expected range.You Can Get a Sample Copy of This Report @ https://www.theinsightpartners.com/sample/TIPRE00002921/?utm_source=openPR&utm_medium=10642
Company Profiled:
ACI Worldwide
SAS Institute
Oracle Corporation
BAE Systems
Verafin Inc.
Safe Banking Systems LLC
Eastnets Holding Ltd.
Ascent Technology Consulting
Opentext Corporation
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Contact Person: Ankit Mathur
E-mail: sales@theinsightpartners.com
The Insight Partners
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About Us:
The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We specialize in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Biotechnology, Healthcare IT, Manufacturing and Construction, Medical Device, Technology, Media and Telecommunications, Food and Beverages, Consumers and Goods, Chemicals and Materials.
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