Machine Learning for Money Laundering Classification

Machine Learning for Money Laundering Classification

Solution

Machine Learning for Money Laundering Classification

The BoI’s Financial Intelligence Unit applies big data in AML detection, using structured data with a five-year history of all transactions in excess of EUR 15,000 in combination with unstructured data such as press reviews. Alongside a remarkable reduction in the analysis time required, an additional advantage mentioned by the BoI is the scope for performing the analysis in real time.

  • Use cases, geography and tags
  • Organizations that created, adopted or are mentioned
  • Ecosystem position
  • Link to the original asset
  • Comments and reactions