Spiking AML penalties for financial institutions reflect shifting threat landscape
Spiking AML penalties for financial institutions reflect shifting threat landscape
- Increased AML fines are attracting record funding and revenue growth for digital ID regtechs.
- FIs may come to expect fewer financial crimes and regulatory fines to accompany the increased investments in regtech solutions.
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https://www.businessinsider.com/spiking-aml-fines-are-benefitting-digital-id-regtechs-2021-12