1% of financial crimes are detected.
What holds banks back? We asked 300 anti-fraud and AML professionals to find out.
Research Report
Can Banks Turn the Tide on Financial Crime?
$3.1 trillion in illegal transactions were made in 2023. More than $800 billion was connected to drug trafficking, $350 billion to human trafficking, and $11.5 billion to terrorism. Another 500 was lost to fraud.
And yet 1% of these crimes are brought to justice. That feels like an error of focus. Not an error of ability.
What’s holding the banks back?
We asked 300 senior anti-fraud and AML professionals to find out.
Our latest research reveals how US banks are faring in the fight against financial crime.
You’ll learn how far ahead they think the criminals are, the reasons why, and if they’re confident in their ability to catch up.
Discover if banks underestimate financial criminals by downloading your copy today.