Issue No.03 - May/June (2004 vol.19)
Jason Kingdon , Searchspace
DOI Bookmark: http://doi.ieeecomputersociety.org/10.1109/MIS.2004.1
With almost half of the world's top 20 banks using AI systems, AI has emerged as the leading method in the fight against money laundering. One company in particular, Searchspace, monitors customer activity to identify unusual behavior and detect potential money-laundering situations.
money laundering, Searchspace, banking
Jason Kingdon, "AI Fights Money Laundering", IEEE Intelligent Systems, vol.19, no. 3, pp. 87-89, May/June 2004, doi:10.1109/MIS.2004.1