What Does The Future Hold For Anti-Money Laundering Practices?

by | Mar 23, 2022 | Fiba News

FIBA is recognized by the financial services industry, regulators, and law enforcement as a Center for Excellence for its knowledge and expertise in anti-money laundering compliance and its high-level education and training programs.

When it comes to the future of banking, much is said about technology’s disruptive role in the face of subjects such as digital currencies, digitalization of services, data management and so on, but not nearly enough about Anti-Money Laundering (AML) practices. The reality is that it doesn’t matter if we talk and focus on traditional banks, neobanks, fintechs, or even crypto exchanges, all financial players should comply with know-your-customer (KYC) obligations and AML regulations.

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