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SIMPET GLOBAL LOGISTICS

Global financial institutions turn to AI and automation as trade-based financial crime hits $1.6 trillion annually

LONDON, UNITED KINGDOM, September 26, 2024 /⁨EINPresswire.com⁩/ —
• Trade-based financial crime (TBFC) costs the global economy $1.6 trillion every year
• 42% of financial institutions face fragmented tools and siloed data in detecting TBFC
• …

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