AMLC to banks: Show AI helps curb financial crime

AMLC to banks: Show AI helps curb financial crime

Banks and other financial institutions using artificial intelligence to fight financial crime should be able to show that the technology helps detect risks and that its decisions could be examined, according to the Anti-Money Laundering Council.

Source: Philstar Biz
https://www.philstar.com/business/2026/09/29/2559563/amlc-banks-show-ai-helps-curb-financial-crime