Agentic AI can cut banks' transaction monitoring workload by up to 50%: McKinsey

Economic Times Techen

Agentic AI can cut banks' transaction monitoring workload by up to 50%: McKinsey

Banks could reduce the human effort required for transaction monitoring investigations by 30-50% by deploying agentic artificial intelligence (AI), while improving the quality and consistency of compliance reports, according to a report by McKinsey.

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