RegTech for KYC & AML : What are the use cases to improve AML Compliance
The detrimental effects that financial crime may have on businesses and their consumers are nothing new to the fintech sector. When it comes to money laundering, this is especially accurate. Fintechs are attractive targets for money launderers since they only offer digital services, which they believe gives them more anonymity and makes it possible for them to perpetrate crimes undetected.