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New Oracle AI-Powered Cloud Service Helps Banks Mitigate Anti-Money-Laundering Risks
April 08, 2024
REDWOOD SHORES, California, April 8 -- Oracle, a developer of hardware and software products, issued the following news release:

ACAMS The Assembly Hollywood, Hollywood, FL - April 8, 2024

With $5.05 trillion expected to be laundered this year alone, banks are struggling to keep up with the cost and complexity of compliance. To help address this massive challenge, Oracle Financial Services today introduced Oracle Financial Services Compliance Agent. The AI-powered cloud . . .

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