A market study ”Global AML Software Market” examines the performance of the Global AML Software Market 2019. It encloses an in-depth Research of the AML Software Market state and the competitive landscape globally. This report analyzes the potential of AML Software Market in the present and the future prospects from various angles in detail.

Global AML Software Market Overview:

The Global AML Software Market research report is the investigation arranged by investigators, which contain a point by point examination of drivers, limitations, and openings alongside their effect on the AML Software Market development (2019 - 2023).

The significant key factors driving the growth of the Global AML Software Market are increased AML regulatory requirements, rise in money laundering cases, and growth in IT spending. However, dearth in number of AML professionals is anticipated to hamper the anti-money laundering software market growth. On the contrary, emerging artificial intelligence technology in AML solutions and increased adoption of cloud-based solutions are expected to provide lucrative opportunities for AML software market expansion during the forecast period.

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AML (Anti-money Laundering) Software alludes to a solution, which empowers banks and other financial organizations to screen customer behavior for suspected criminal financial activities through robotized forms. Various kinds of AML solutions, for example, transaction monitoring, currency transaction reporting, customer identity management, and compliance management have been considered under AML (Anti-money Laundering) Software Market. Increment in the volume of global transactions has energized the arrangement of AML solutions in banks and other financial organizations.

The Global AML Software Market is segmented based on the Type, End-Use Industry and Region. Based on the Type, the Global AML Software Market is classified into Transaction Monitoring Software, Currency Transaction Reporting (CTR) Software, Customer Identity Management Software, Compliance Management Software, and others. On the basis of End-Use Industry, the Global AML Software Market is sub-segmented into Tier 1 Financial Institution, Tier 2 Financial Institution, Tier 3 Financial Institution, Tier 4 Financial Institution and others.

In terms of the geographic analysis, North America dominated the market in 2017 and continues to lead the overall AML Software Market in 2018. A stringent government regulation against money laundering in the United States is facilitating the market growth in this region. Regulations for customer identification and compliances for financial institutions to counter money laundering activities are far more stringent in the United States as compared to other regions.

Latest Business News:

Fiserv (May 6, 2019) – Hughes Federal Credit Union Selects Fiserv to Provide Foundation for Digital Transformation – Fiserv, Inc., a leading global provider of financial services technology solutions, today announced that Hughes Federal Credit Union (Hughes) will enhance its digital capabilities with technology from Fiserv. The credit union will utilize Architect™ from Fiserv as a foundation for a range of online, mobile and payments services, delivering a seamless digital experience to members.

“In a competitive market and an era of increasing expectations, it is important that we offer a distinct set of digital banking and payments capabilities that sets us apart from other financial institutions,” said Rich Griesser, vice president of Information Technology, Hughes Federal Credit Union. “The flexible Architect technology allows us to go beyond the industry standard and customize our digital banking offerings to create a differentiated, intelligent experience that is tailored to our members.”

Top Leading Key Manufacturers are: Oracle, Thomson Reuters, Fiserv, SAS, SunGard, Experian, ACI Worldwide, Tonbeller, Banker’s Toolbox, Nice Actimize, CS&S, Ascent Technology Consulting, Cellent Finance Solutions, Verafin, EastNets, AML360, Aquilan, AML Partners, Truth Technologies, Safe Banking Systems and others. New product launches and continuous technological innovations are the key strategies adopted by the major players.

Purchase this report online with 90 Pages, List of Tables & Figures and in-depth Table of Contents on “Global AML Software Market Report 2019” @ https://www.businessindustryreports.com/buy-now/156996/single .

Region segment: This report is segmented into several key regions, with sales, revenue, market share (%) and growth Rate (%) of AML Software in these regions, from 2013 to 2023 (forecast), covering: North America, Europe, Asia Pacific, Middle East & Africa and South America

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