By AML Intelligence Correspondents
The following text is a speech delivered by Avalon Ingram, head of fincrime at SWIFT, at the ‘European Anti-Financial Crime Summit 2025’
I’d like to speak to you about a technology that’s reshaping how we combat financial crime—a technology that not only brings speed and scale but also preserves something equally vital: human expertise. I’m talking about digital twins.
At a time when financial institutions face mounting pressures—from regulatory expectations to the sheer volume of alerts generated by systems like transaction monitoring and sanctions screening—traditional compliance models are straining under the weight. They’re expensive, often inefficient, and still leave room for risk. We need a new paradigm.
So, what exactly are digital twins?
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