New Delhi, Oct. 28 -- India's financial crime compliance (FCC) workforce is projected to grow to approximately 45,000 by 2030, creating over 19,000 specialised jobs amid rising global financial crime and increasing adoption of artificial intelligence (AI)-enabled surveillance systems, according to a report by NLB Services.

The report highlighted that financial crime is estimated to cost the global economy more than USD 4.4 trillion annually, with AI-enabled fraud, synthetic identities, mule account networks and sanctions evasion posing growing challenges for financial institutions.

As banks and financial services companies strengthen their anti-money laundering (AML), Know Your Customer (KYC), sanctions compliance and transaction monito...