Nasdaq Invests in Fighting Financial Crime Using AI Technology
- Anti-financial crime offering is its fastest-growing business
- Firm makes ‘significant’ investments in technology, CEO says
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Nasdaq Inc. is throwing its weight behind technology that protects against financial crime as the demand to stop sophisticated, bad actors rises, according to Chief Executive Officer Adena Friedman.
“We are investing in the technology in a very significant way,” Friedman said Wednesday at the Consumer Technology Association conference in Las Vegas. The anti-financial crime business is also Nasdaq’s fastest-growing, up roughly 20% year-over-year, she said.