AI and ML as Key Tool To Combat Money Laundering: RBI Governor Sanjay Malhotra

Technology

âš¡AI and ML as Key Tool To Combat Money Laundering: RBI Governor Sanjay Malhotra

By IANS

 AI and ML as Key Tool To Combat Money Laundering: RBI Governor Sanjay Malhotra

Reserve Bank Governor Sanjay Malhotra on Wednesday said that considering the evolving landscape of money laundering, regulators will need to continuously augment artificial intelligence (AI) and Machine Learning (ML) risk assessment framework to make appropriate system enhancements.
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