AUSTRIACARD HOLDINGS Unveils AI Anti-Money Laundering Solution

AUSTRIACARD HOLDINGS AG introduced the Digital Taskforce for Anti-Money Laundering (AML) at Money 20/20 in Amsterdam. This solution utilizes Agentic AI architecture to address modern financial crimes. Traditional AML systems fall short in meeting the need for real-time detection as criminal networks advance. The Digital Taskforce aims to overcome these limitations.

Built on the GaiaB™ Generative AI platform, it automates the flagging of unlawful transactions, discovers new laundering patterns, and allows for data-secure sharing among institutions. Notably, it offers scalability and operates entirely on-premise, enhancing data control and security.

AUSTRIACARD emphasizes a shift from simply supplying products to delivering comprehensive fintech solutions, showcasing this capability at their Money 20/20 booth.