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Source: https://www.jpost.com/defense-and-tech/article-872582
How AI Can Expose Hidden Hizbullah, Hamas Networks
(Jerusalem Post) Yaron Hazan - Terrorist organizations such as Hizbullah and Hamas, bankrolled by Iran, move money invisibly through banks, trade networks, investments, cryptocurrencies, and even charities. After being banned by Israel and the U.S., the networks simply rebranded, morphing into new entities with their infrastructure intact. A global, multidimensional ecosystem was created, designed to sustain terrorism, including charities, bank transfers and trade finance, drug trafficking, and cryptocurrencies. Today, such flows are no longer invisible. Every digital transfer leaves an electronic print, including wire transfers, trade invoices, and crypto wallets. All create data points that form patterns. Traditional compliance systems for detecting transactions are triggered by specific thresholds or red-flag indicators. They catch what they are told to look for and little else. By the time a red flag is raised, the money is long gone. Artificial intelligence (AI) is changing that equation. Instead of chasing red flags, AI learns what "normal" looks like and flags what doesn't. And AI does this in real time. Financial institutions equipped with AI-driven monitoring can disrupt terror financing, freezing assets before weapons are bought. AI thrives on turning complexity into clarity and deception into data intelligence. In this way it can help expose and dismantle the financial infrastructure that sustains terrorism. The writer is VP of Regulatory Affairs at ThetaRay, which harnesses the power of cognitive Al for financial crime compliance.