Editor’s Note: For information on anti-money laundering regulatory policy, please see the CRE paper, “Unwarrented Deputization: Increased Delegation of Law Enforcement Duties to Financial Institutions” available here.
From: Nextgov
The federal government has tapped data surveillance provider Palantir to help civilian intelligence agencies collaborate on money laundering investigations.
The five-year $9.9 million sole source contract follows independent efforts by the departments of Justice, Treasury and Homeland Security to use the tools, according to contracting documets.
Primarily, feds need the technology to quickly spot puzzle pieces that are not easy to search, such as personnel records and corporate organization charts.
Leave a Reply