FINTRAC to leverage AI bets to crack down on bad actors

FINTRAC to leverage AI bets to crack down on bad actors

Canada’s anti-money laundering agency is increasing its reliance on artificial intelligence (AI) to detect suspicious transactions, betting the use of the latest technology will help better fight financial crimes, a top official said. The Financial Transactions and Reports Analysis Centre (FINTRAC) raised a few eyebrows last month when it fined the country’s two biggest banks – Royal … Read more