Datex:
04 April 2025
Category:
Market Data Spending Continues Upward Trend
Title:
GLOBAL SPENDING ON DATA SUPPORTING AML/KYC INCREASED 12.3%, DRIVEN BY AI
Global spend on Anti-Money Laundering (AML)/ Know-Your-Customer (KYC) data & services is projected to total a record $2.9 billion in 2025. The growing digitization of the business challenges firms to expand their surveillance of their processes, presenting significant challenges for siloed organizations.