The February 2022 Aite-Novarica Group report on Key Trends Driving AML Compliance Transformation outlines evolving challenges in anti-money laundering, including regulatory pressures, customer experience integration, and operational efficiency demands. It explores convergence between AML and fraud functions, increasing operational outsourcing, and future technology investments in AI, machine learning, cloud, and SaaS. The study addresses cryptocurrency-related risks, shifting approaches to compliance technology, and spending priorities. It emphasizes the need for agile, tech-enabled AML programs that enhance detection, streamline operations, and adapt to emerging threats while maintaining strong regulatory compliance.

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