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Exam CAMS7 Topic 1 Question 293 Discussion

Actual exam question for ACAMS's CAMS7 exam
Question #: 293
Topic #: 1
Technology has the potential to increase the efficiency and effectiveness of AML/CFT workflows by:
(Select Two.)

Suggested Answer: A,C Vote an answer

Technology plays a critical role in strengthening AML/CFT programs by improving efficiency, consistency, and scalability. Regulators encourage the responsible use of technology while maintaining governance and oversight.
One major benefit is processing large volumes of data efficiently, helping institutions eliminate investigative backlogs and manage increasing transaction volumes. Technology also automates repetitive tasks, reducing human error and improving data accuracy, allowing compliance professionals to focus on higher-value investigative work.
Technology does not eliminate privacy concerns, and front-end search tools alone are not sufficient to drive effectiveness. Human oversight remains essential for decision-making, investigations, and regulatory reporting.

by Clementine at Apr 24, 2026, 09:31 PM

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