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AI Adoption Lag Leaves Asian Financial Institutions Vulnerable Amid Rising Financial Crime

  • Written by PR Newswire
AI Adoption Lag Leaves Asian Financial Institutions Vulnerable Amid Rising Financial Crime

AI-based transaction monitoring, sanctions screening, and fraud prevention deliver proven benefits as adoption gains traction

  • New research from SymphonyAI and Regulation Asia reveals legacy systems, data quality, model explainability, data privacy, and regulatory uncertainty hinder AI adoption in financial crime compliance.
  • Only 15% of...