Anti Money Laundering (AML) Software Market Report and Trends & Industry (2018–2023)
Money laundering has been a key issue since the early 90s, and even after almost a hundred years, continues to pose as a significant challenge for economies across the globe. In the past decade, significant threat of terrorism from money laundering has become a major concern for regulatory bodies such as Financial Crimes Enforcement Network (FinCEN) and Financial Action Task Force (FATF). Money laundering is termed as the process of showing illegally acquired money to appear legal. Money laundering generally involves three steps:
Request the Sample @ https://bisresearch.com/requestsample?id=682&type=download
• Placement
• Layering
• Integration
Over the past five years, the financial service industry has witnessed far-reaching technology-led transformations, with companies looking for improving the efficiency of their financial departments by incorporating innovative IT solutions. In addition, customers have also set their expectations in terms of identity theft and are demanding added worth for their money, along with a seamless experience and better services. The banking software industry has witnessed significant developments in the past decade, in terms of understanding, exploring, researching, managing, and utilizing resources to create value. A similar trend is expected to prevail in the next decade and banking software industry is expected to evolve in terms of facilitating global, multi-service, low-cost, and digital banking.
View Complete Report @ Anti Money Laundering (AML) Software Market
However, with the growth in the banking software industry, there is an increasing demand for regulators to counter the upsurge in the financing of terrorism and money laundering incidences.
About Us:
BIS Research is a global market intelligence, research and advisory company which focuses on those emerging trends in technology which are likely to disrupt the dynamics of the market over the next five (or ten) years.
With over 150 market intelligence reports published annually, BIS Research focuses on various technology verticals such as 3D printing, advanced materials & chemicals, aerospace and defense, automotive, healthcare, electronics & semiconductors, robotics & UAV and other emerging technologies.
Each research report incorporates detailed analysis and subsequent quantification of- market dynamics, market drivers and restraints, opportunities, threats, market shares, current and emerging industry trends as well as detailed competitive landscape and intelligence.
Contact:
Email-id: Sales@bisresearch.com
BIS Research™
39111 PASEO PADRE PKWY STE 313,
FREMONT CA 94538–1686
