Blockchain to ‘radically’ transform anti-fraud, anti-money-laundering efforts

Credit to Author: Lucas Mearian| Date: Fri, 23 Mar 2018 03:20:00 -0700
Blockchain could be the answer to increasingly tough anti-money laundering (AML) statutes and enterprise fraud management (EFM) requirements looming for the financial services industry.
In a report released this week by Forrester Research, blockchain’s distributed ledger technology – because it is both secure and immutable – is ideal for meeting new government requirements and serving as a trusted repository for identification purposes.





