The shift to cloud-based AML (Anti-Money Laundering) solutions is accelerating, driven by COVID-19, digitalization, and regulatory pressure. While fintechs and challenger banks have adopted cloud early, larger institutions are now catching up. Cloud AML platforms offer transaction monitoring, KYC, sanctions screening, and more—reducing deployment time, upfront costs, and improving scalability. Key benefits include faster adoption, improved security, and operational efficiency. Institutions must weigh legacy systems versus modern cloud vendors, considering ROI, integration, and compliance needs to ensure successful deployment.

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