AI Startup Silent Eight Uses AI Technology to Detect Money Laundering Risks
站长之家
55
The article introduces Singapore-based AI startup Silent Eight, which is utilizing generative AI technology to develop software that assists banking institutions in detecting financial crimes such as money laundering. The company's software can automatically analyze large volumes of transaction data, aiding banks in their anti-money laundering compliance efforts. Global giants such as HSBC and Standard Chartered Bank have become its clients. As its business scale continues to expand, Silent Eight has completed a $40 million funding round, with its customer base growing steadily. It is expected to achieve its first-ever profit this year. Analysts believe that AI technology holds significant application potential and commercial value in the field of financial regulation.
© Copyright AIbase Base 2024, Click to View Source - https://www.aibase.com/news/1605