What is AML?

AML stands for Anti-Money Laundering. It refers to a set of laws, regulations, and procedures designed to prevent the illegal conversion or concealment of funds. Financial institutions are required to implement AML programs that include customer identification, transaction monitoring, and reporting suspicious activities.

AML compliance also involves robust cybersecurity measures to detect and prevent fraudulent transactions. This includes secure data storage, encrypted communications, and advanced analytics to flag unusual activities.

Strengthen Your AML Compliance

Redpoint Cybersecurity can help you fortify your cybersecurity measures in a way that adheres to AML regulations.