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Oct 16, 2026, 9:02 am235 ptsTrendingTop
InfoWorld
Bank of America has had to spend big on IT in response to an AI security audit and findings that its anti-money-laundering (AML) controls were lacking. The bank was fined a whopping $1.2 billion for money laundering offences this week, after banking authorities identified a lax attitude to compliance. “We…
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