Fraud is an age-old problem that has plagued every industry since businesses began trading. It takes many forms and guises and is a constantly evolving threat, as the perpetrators adapt to the ever-changing business environment they seek to disrupt. Perhaps one of the most well-known examples of fraud is money laundering.
https://www.finextra.com/blogposting/19788/its-time-for-financial-services-to-embrace-long-term-digitization-of-anti-money-laundering-systems