What can visual analytics do for your bank?

Description

Abstract: Criminals are continuously looking for ways to use rapidly advancing technology for their own nefarious purposes. This is an ongoing issue for many community banks as they try to prevent money laundering and other crimes from happening within their operations. This article explains that banks need to protect themselves from criminal infiltration and ensure they remain in compliance with Bank Secrecy Act/Anti-Money Laundering (BSA/AML) laws and regulations. It suggests that using data visualization software to help detect possible crimes before they can take hold can be helpful in that effort.