This is going to be "fun", moar transactions canceled and accounts frozen because now the govt uses AI against you. It's not just banking, it's everything.
Canada's anti-money laundering agency is increasing its reliance on artificial intelligence (AI) to detect suspicious transactions, betting the use of the latest technology will help better fight financial crimes, a top official said.
Suspicious transactions for the 2022-2023 financial year reached 560,858 compared with 585,853 in the previous year and sharply higher than the 114,422 reported in 2015-2016.