GoAML software solutions- What is it and how to use it?
The goAML software is a fully integrated software solution that has been created specifically for the financial units to take action in response to the illicit financial activities like money laundering, terrorist financing and so on. Financial intelligence units play an important role in receiving, processing and analysing reports that have been made by the financial institutions so that no kind of financial illegal activity can take place. Money laundering and financial terrorism are global problems that threaten the security of financial institutions and systems. Worldwide, financial intelligence units play a crucial role in preventing illicit financing activities. GoAML regulations help in combating financial crime through international cooperation and real-time reporting. The goAML regulations allow users to submit suspicious transaction reports and other information to the relevant authorities so that proper action can be taken if there is a need. Who has created...