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DataVisor Unveils its AI-Powered End-to-End AML Compliance Solution - Finovate

Mar 28, 2024 - finovate.com
DataVisor, an AI-powered fraud and risk platform, has launched an end-to-end anti-money laundering (AML) solution. The technology uses machine learning and AI to cover all aspects of the AML process without disrupting existing workflows. The new offering integrates with DataVisor's fraud platform, allowing a unified fraud and AML strategy. The technology is customizable, supports a wide range of AML risk profiles, reduces false positives, and improves efficiency.

The AML solution offers comprehensive functionality, including customer risk rating, transaction monitoring, case management, and automated SAR filing. It also provides enhanced detection, increased operational efficiency, centralized insights, and fast integration. The company, which debuted at FinovateFall last September, has raised over $94 million in funding and is based in Mountain View, California.

Key takeaways:

  • DataVisor has launched an anti-money laundering (AML) solution that combines fraud fighting and AML operations in a unified approach.
  • The technology uses machine learning and AI to cover the entire AML process without disrupting existing workflows.
  • The AML solution includes features such as customer risk rating, transaction monitoring, case management, and automated SAR filing.
  • DataVisor, which has raised over $94 million in funding, made its debut at FinovateFall last September, demonstrating its comprehensive, AI-powered fraud and risk platform.
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