Anti-Money Laundering Tools Market is gaining significant traction with DigiPli introducing its holistic anti-money laundering solution for financial institutions
Anti-Money Laundering Tools are now required in large amounts for everyday transactions. This is due to the fact that the most traditional transaction monitoring systems and services do not record or require detailed information about the customers' identities, for instance. Many government authorities are focusing on reducing financial crimes that could threaten the financial landscape. These financial crimes including money laundering, embezzlement, fraud, terrorist financing, bribery and corruption, and tax evasion. Government authorities are employing different tools and software applications, in order to curb these crimes. Thus, such factors can indeed aid in growth of the anti-money laundering tools market. Recently, in February 2021, DigiPli launched its holistic anti-money laundering solution for financial institutions. Most of the systems and services are unable to identify unusual or suspicious transactions. It goes on to explain that this deficiency in anti-mo...