Deep and wide - the vast challenge of trade-based money laundering

If law enforcement struggles to find illicit cash, wire and cryptocurrency movements, the challenge in discovering movements of criminal proceeds through fraudulent adjustments in values of traded goods and services is surely tougher still? Can AI help detect trade-based money laundering (TBML) and just how serious is the threat it poses to financial systems? Keith Nuthall finds out.

If law enforcement struggles to find illicit cash, wire and cryptocurrency movements, the challenge in discovering movements of criminal proceeds through fraudulent adjustments in values of traded goods and services is surely tougher still? Can AI help detect trade-based money laundering (TBML) and just how serious is the threat it poses to financial systems? Keith Nuthall finds out.