Reported by Mikhail Karataev (Summary shared below. To read full report, go to: https://www.americanbanker.com/opinion/adding-ai-to-money-laundering-compliance-introduces-new-risks) Artificial intelligence is quickly becoming a strategic priority for U.S. banks, with many institutions moving to integrate generative AI into business operations, including anti-money-laundering compliance. Industry estimates suggest the technology could improve productivity across banking functions by 20% to 30%. But […]