[charlietango92]

there has to be offerings already out there that address that kind of thing, but maybe not. Either way, I agree, tech has the clear edge on this, so long as the rulesets (or whatever parameters are defined) are correct.

[deepGem]

Every major fraud vendor has an AML offering. Be it SAS or FICO or startups such as Feedzai. I am building a startup as well but it is hard to determine how effective these products are. Till date I haven't found data that shows how many money laundering cases were caught by these products and how many of those cases were prosecuted. It's not a very transparent industry, so it's super hard to take on the incumbents. This is just based on a few weeks of conversations I've had with some AML and strategy team members, so by no means this is a generalization.