Mr Menon, who heads Singapore’s central bank, the Monetary Authority of Singapore , said in a recent interview with CBA that AI may be able to help with strengthening “big-picture surveillance.”
he amount of money laundered each year could be as much as 2 to 5 per cent of the global GDP, around US$2 trillion each year., an artificial intelligence powered product aimed at helping financial institutions worldwide detect money laundering more effectively and efficiently.
Ravi Menon: Malware scams are ‘worrying’ but ‘right approach’ needed to decide who takes responsibility for losses
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