How AI is transforming the fight against money laundering

Jan 17, 2019

FILE PHOTO: Euro, Hong Kong dollar, U.S. dollar, Japanese yen, pound and Chinese 100 yuan banknotes are seen in this picture illustration, January 21, 2016. REUTERS/Jason Lee/Illustration/File Photo - RC18E6C85080

AI and machine learning can detect money laundering that fuels criminal activity. Image: REUTERS/Jason Lee

Ellen Zimiles

Partner and Financial Services Advisory and Compliance Segment Leader, Guidehouse

Tim Mueller

Partner, Global Investigations and Compliance, Guidehouse

Our Impact

The Big Picture

Explore and monitor how Artificial Intelligence is affecting economies, industries and global issues

A hand holding a looking glass by a lake

Crowdsource Innovation

Get involved with our crowdsourced digital platform to deliver impact at scale

Stay up to date:

Artificial Intelligence

Banks have been fined $26 billion for AML-related offences. Image: Fenergo

Don't miss any update on this topic

Create a free account and access your personalized content collection with our latest publications and analyses.

License and Republishing

World Economic Forum articles may be republished in accordance with the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International Public License, and in accordance with our Terms of Use.

The views expressed in this article are those of the author alone and not the World Economic Forum.

The Agenda Weekly

A weekly update of the most important issues driving the global agenda

Subscribe today

You can unsubscribe at any time using the link in our emails. For more details, review our privacy policy.

More on Artificial Intelligence
See all

1:36

You can now visit Seoul in the metaverse

4:17

Metaverse isn't new, it's 20 years old.

Generative AI: This is how you can use ChatGPT safely

Ewan Thomson

November 21, 2023

2:13

Moflin, an AI pet, responds like a real animal

Conversations around the climate crisis can be difficult. Here's how AI and cartoons can help

Gill Einhorn, Jemilah Mahmood, Flora McCrone, Janot Mendler de Suarez and Pablo Suarez

November 20, 2023

UN advisory body created to address global AI governance, and other digital technology stories you need to read

Cathy Li

November 20, 2023

How AI is transforming the fight against money laundering

Ellen Zimiles

Tim Mueller

Share:

Explore and monitor how Artificial Intelligence is affecting economies, industries and global issues

Get involved with our crowdsourced digital platform to deliver impact at scale

Stay up to date:

Artificial Intelligence

Don't miss any update on this topic

Related topics:

Share:

The Agenda Weekly

More on Artificial Intelligence
See all

Tim Mueller

Share:

.chakra .wef-1nk5u5d{margin-top:16px;margin-bottom:16px;line-height:1.388;color:#2846F8;font-size:1.25rem;}@media screen and (min-width:56.5rem){.chakra .wef-1nk5u5d{font-size:1.125rem;}}Get involved with our crowdsourced digital platform to deliver impact at scale

Stay up to date:

Artificial Intelligence

Don't miss any update on this topic

Related topics:

Share:

The Agenda .chakra .wef-n7bacu{margin-top:16px;margin-bottom:16px;line-height:1.388;font-weight:400;}Weekly

Get involved with our crowdsourced digital platform to deliver impact at scale

The Agenda Weekly