September 24, 2021
Business

Anti-Money Laundering Market to hit $5 BN by 2027; Global

Selbyville, Delaware, Sept. 07, 2021 (GLOBE NEWSWIRE) —

The anti-money laundering market value is anticipated to record a valuation of USD 5 billion by 2027, according to the most recent study by Global Market Insights Inc. Supportive government initiatives to increase cashless transactions and curb unethical activities, such as money laundering, are proliferating the market growth. Stringent government regulations and international business compliances have driven the need for compliance management solutions. The solution helps enterprises to reduce occupational dishonesty, promote integrity, and achieve defined objectives within the regulatory compliance frameworks. The increasing demand to analyze risk indicators across multiple industry verticals is anticipated to create a huge opportunity, adopting compliance management solutions in the coming years.

The cloud deployment…

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