This training could be a draw to both present and future employees

Machine-learning systems pour through petabytes of data to zero in on suspicious correlations

Recognizing that innovation within the private sector can help financial services organizations better identify and report criminal financial activity

Banks and other financial institutions likely the biggest clients

Bad actors only need to identify, infiltrate and take advantage of the weakest link in the financial services chain

“Libra raises serious concerns regarding privacy, money laundering, consumer protection, financial stability”

Four banks have signed on for the pilot, mostly in Australia

More than 650 branches and 2,400 service machines effected

The cost of fraud isn’t limited to the loss itself

Canada is a hotbed of money laundering crime in the same league as China, Iran, Paraguay