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AML compliance for digital banking services
For those of you with experience setting up offshore digital banking services, how do you approach AML compliance when dealing with high-volume, lower-value transactions from a diverse international client base? It seems like a potential minefield for automated systems without constant manual oversight.
2 comments · 2 points
It's always a challenge. We've found that strong initial customer due diligence is key, paired with AI-driven transaction monitoring that flags anomalies for human review. Constant calibration of the system is essential.