Photographer: Balint Porneczi/Bloomberg

Startup Uses A.I. to Speed Up Financial Compliance

  • Balderton Capital leads funding round for ComplyAdvantage
  • System scouts databases, reads news for signs of trouble

A U.K. startup that uses artificial intelligence to help banks and other financial firms with anti-money laundering compliance received $8.2 million to fund its expansion in Europe and North America.

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