Financial Crime Financial Crime

US banks seek clarity on money laundering red flags, see technology as key detection tool

By Robert Thomason
  • 20 Nov 2020 16:49
  • 20 Nov 2020 16:49
US banks agreed that information technology can bolster the fight against money laundering as they commented on prospective federal rules seeking to make anti-money laundering programs more effective.

Also, banks such as Wells Fargo, Bank of America and HSBC said that authorities should more clearly communicate law enforcement priorities by pointing

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