AI has significant potential in the fight against financial crime.

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The firm's financial risk monitoring services had a 400% increase in demand since 2020.

The firm uses machine learning and natural language processing to help prevent financial crime.

FundApps automates increasingly complex regulatory reporting requirements.

There is an increasing amount of regulatory fragmentation between jurisdictions.

The COVID-19 crisis has been a major driver behind the move.

This is the regulator's first prosecution against a bank under the Money Laundering Regulations 2007.

There was a notable increase in unplanned trade surveillance technology spending.

The increased volume of market data enables clients to enhance compliance and analytics.

The CFTC order requires the Citi entities to pay a $4.5m civil penalty.