{"id":167442,"date":"2019-09-02T11:32:06","date_gmt":"2019-09-02T11:32:06","guid":{"rendered":"http:\/\/www.georgianewsdesk.com\/news\/story\/167442\/anti-money-laundering-market-new-business-opportunities-emerging-trends-competitive-strategies-and-forecasts-2025-grand-view-research-inc.html"},"modified":"2019-09-02T11:32:06","modified_gmt":"2019-09-02T11:32:06","slug":"anti-money-laundering-market-new-business-opportunities-emerging-trends-competitive-strategies-and-forecasts-2025-grand-view-research-inc","status":"publish","type":"post","link":"http:\/\/www.honolulunewsnow.com\/news\/story\/167442\/anti-money-laundering-market-new-business-opportunities-emerging-trends-competitive-strategies-and-forecasts-2025-grand-view-research-inc.html","title":{"rendered":"Anti Money Laundering Market: New Business Opportunities, Emerging Trends, Competitive Strategies and Forecasts 2025 | Grand View Research, Inc."},"content":{"rendered":"
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Grand View Research, Inc. – Market Research And Consulting.<\/div>\n<\/div>\n<\/div>\n
According to report published by Grand View Research, The global anti money laundering market size was valued at USD 857.2 million in 2018 and is expected to register a CAGR of 13.6% from 2019 to 2025.<\/div>\n

The global anti money laundering market<\/a> size is expected to reach USD 1.99 billion by 2025, registering a CAGR of 13.6% over the forecast period according to a new report by Grand View Research, Inc. As the detection and prevention of money laundering threats increase with improvements in law enforcement activities, criminals and corrupt individuals are taking substantial care to conceal the sources of their illicit wealth.<\/p>\n

Global concerns about the growing incidences of sophisticated organized crimes, terrorism, and corruption and their negative impact on peace, security, and development of countries globally have signaled a need for concerted action by governments. To meet the various compliance requirements set by governments, organizations are increasingly adopting solutions such as fraud detection and anti-money laundering. These solutions are anticipated to establish procedures to curb practices facilitated by cyber-criminals and corrupt individuals, reducing the concerns of converting or disguising illegally obtained funds as legitimate income.<\/p>\n

AML solutions are expected to aid governments in mitigating the risk of anonymity in transaction and fund transfers that facilitate money laundering activities. This would help reduce the use of cash-based activities involved in activities such as drug trafficking, human smuggling and trafficking, and illicit retail transactions. Moreover, AML is expected to help enterprises to decrease the risk associated with cross-border transactions and the exploitation of virtual currency due to threats. AML solutions would subsequently curb activities such as ransomware, Distributed Denial-Of-Service (DDoS), and malware attacks conducted for money laundering or fraud.<\/p>\n

Get Sample of Report, Please Visit @ <\/strong>https:\/\/www.grandviewresearch.com\/industry-analysis\/anti-money-laundering-market\/request\/rs1<\/a><\/p>\n

To protect citizens, financial organizations, and businesses from such threats, major nations worldwide are making continuous efforts to ensure that financial and other institutions comply with AML requirements. Moreover, several government regulators have started focusing on advanced FinTech solutions to detect and report financial crimes. Owing to the rising intensity, frequency, and sophistication of money laundering and illicit trading activities, organizations are adopting advanced technologies as legacy solutions fail to provide sufficient security and soon become obsolete.<\/p>\n

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Further key findings from the report suggest:<\/strong><\/p>\n