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

T1Covered by 1 source · first reported by Economic Times — Tech / Technology / Startups / ETTelecom at 28 Oct, 07:41 UTC

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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Sources

• T1Agentic AI can cut banks' transaction monitoring workload by up to 50%: McKinseyEconomic Times — Tech / Technology / Startups / ETTelecom28 Oct, 07:41