Narrative Science, the platform that uses artificial intelligence to write reports has launched a new service for anti-money laundering (SAR). Once a suspicious activity alert is activated the software digests relevant data and produces a suspicious activity report (AML) for internal auditors and regulators. The system is currently in beta testing with one large financial institution.
Narrative Science, the platform that uses artificial intelligence to write reports has launched a new service for anti-money laundering (AML). Once a suspicious activity alert is activated the software digests relevant data and produces a suspicious activity report (SAR) for internal auditors and regulators. The system is currently in beta testing with one large financial institution.