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HomePeer to Peer LendingFintech Nexus Publication (April 8, 2024): Oscilar unveils AI-powered AML Danger Platform

Fintech Nexus Publication (April 8, 2024): Oscilar unveils AI-powered AML Danger Platform

Anyway you slice it, we now have not been doing a superb job in stopping cash laundering.

It’s estimated that we solely catch 1-2% of all illicit cash flowing via the banking system. But as an trade, we spend many billions of {dollars} on this battle.

We’d like higher instruments.

As we speak, Oscilar unveiled a brand new platform to assist with this battle. This AI-powered AML Danger Platform makes use of the most recent expertise to offer real-time detection, investigation and enhanced collaboration between banks and fintech corporations.

It’s constructed with the Banking-as-a-Service mannequin in thoughts to bridge the hole between the stringent regulatory necessities of conventional banking and the speedy innovation of fintech.

The platform is already in manufacturing at each fintechs and banks right this moment, with one compliance officer claiming it has “been a recreation changer for our compliance operations.”

We all know the criminals are utilizing the most recent instruments. We will solely win this battle by staying on the leading edge ourselves.

> Oscilar Unveils AI-Powered AML Danger Platform: Remodeling Compliance for BaaS


Uncover how Oscilar’s AI-Pushed AML Danger Platform revolutionizes compliance, providing fintechs and banks strong instruments to fight monetary crime successfully inside the BaaS ecosystem.

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  • Peter RentonPeter Renton

    Peter Renton is the chairman and co-founder of Fintech Nexus, the world’s largest digital media firm targeted on fintech. Peter has been writing about fintech since 2010 and he’s the creator and creator of the Fintech One-on-One Podcast, the primary and longest-running fintech interview sequence.



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