How new technologies can enhance anti-money laundering efforts and provide financial access

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How new technologies can enhance anti-money laundering efforts and provide financial access

The global system for funds transfers is currently hindered by an outdated technological infrastructure reliant on a diminishing network of correspondent banks. This traditional system involves multiple intermediaries who are often unaware of each other's identities, making the exact path of a cross-border payment unpredictable and difficult to track.

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