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Hummingbird Buys Quantimon to Prioritize High-Risk AML Alerts

PYMNTS
Image: PYMNTS

Hummingbird has deepened its investment in transaction monitoring by acquiring Quantimon, the company said in a Wednesday (Oct. 28) press release. The acquisition adds the capabilities of Quantimon’s machine learning platform for anti-money laundering (AML) risk detection to Hummingbird’s artificial intelligence-powered orchestration platform for financial crime compliance. It also adds Quantimon’s federated learning network that […]

The post Hummingbird Buys Quantimon to Prioritize High-Risk AML Alerts appeared first on PYMNTS.com .

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