CIRCLE WITH A DOT

#AI agents are coming for money launderers

DailyPay, an earned wage access provider that processes $30 billion a year, is an example of an early adopter of #AgenticAI for anti-money-laundering work.

AI agents are coming for money launderers

The latest generation of anti-money-laundering software uses agentic AI to help alleviate AML alert fatigue. Experts say this use of the technology is promising, though they offer some caveats.

American Banker (www.americanbanker.com)

#FinTech #FinServ #Banking #Payments #PayTech

The fusion of #TradFi and #DeFi raises questions for banks

The "on-chain" economy still needs the stability of traditional settlement. Decentralized technology and traditional banking oversight are becoming increasingly interdependent.

The fusion of TradFi and DeFi raises questions for banks

Banks must plan to support decentralized finance without disturbing their existing businesses. That's easier said than done.

American Banker (www.americanbanker.com)

#FinTech #FinServ #Banking