It is estimated that money worth between two and five percent of global GDP is laundered every year. That is the equivalent of between $800 billion and $2 trillion worldwide. Of course, due to the secretive nature of money laundering, the true figure could be much higher. Unsurprisingly, as more financial processes have become digitalised, many criminals have adapted accordingly. As a result, anti-money laundering (AML) regulations are continually being updated to counter the evolving threat. At the same time, AML softwares and risk management solutions are providing another weapon in the battle against financial crime.