When we were young, we spent most of our time learning and memorizing knowledge and information. As we age, we gradually forget what we have learned. By the time we move on from this life, whatever we have left in our memory is permanently lost. Historically, a person can only have limited contributions to the world regardless of how successful and ambitious the person is.

In contrast, a learning computer will not lose any knowledge or information when it is properly backed up. By the time the learning computer needs to be replaced due to old age, all the knowledge and information can be exported and then imported into a new learning computer. This ability to continuously learn and accumulate knowledge and information beyond life’s boundary enables the United A.I. Network^® to carry out the mission to maximize our contributions to the world.

Money is often the motive for committing crimes. Criminals need to convert illicit proceeds obtained from crimes into legitimate funds so that they can freely use the acquired money. The process of converting illicit proceeds into legitimate funds is known as "money laundering."

If a criminal knows in advance that he will not have any chance to launder his illicit proceeds, he may not bother to commit the crime. Therefore, Anti-Money Laundering (AML) is the most important enforcement to prevent and eliminate crimes. If the U.S. government can declare to the public that no money can be laundered in the United States, most crimes will be eliminated in advance. This is the dream of all Americans and the ultimate goal of U.S. lawmakers.

We pioneered the AML transactional monitoring industry over 20 years ago when most people did not understand it. At that time, many vendors were reselling our Patriot Officer^®, the well-recognized #1 AML transactional monitoring system, because they did not have any similar products to offer. Today, many vendors produce their own AML transactional monitoring tools. It is unlikely for a financial institution to pass a government examination without using any AML transactional monitoring tool. Looking back, we are very proud of having changed the paradigm of the AML industry.

However, AML transactional monitoring is a very primitive method. The scope of AML goes far beyond AML transactional monitoring. Financial institutions are required by law to report all money launderers even when the money launderers do not have any suspicious activity. When there is no suspicious activity, AML transactional monitoring tools are useless. During the past twenty years, AML professionals have been struggling with false negatives and false positives because outdated AML transactional monitoring tools have fundamental weaknesses. The truth is that no computer or human being can accurately "guess" what has truly happened behind the transactions.

We have conducted a market survey of the landscape of AML transactional monitoring tools developed by different vendors. Here are the top concerns revealed by the survey results:

1. Many AML professionals are overwhelmed and even frustrated by their work. Many of them often do not receive their deserved respect from other departments in their financial institutions because an AML department does not generate revenue.

2. Many financial institutions have failed government examinations because their AML transactional monitoring tools have missed true money launderers.

3. Many AML professionals believe that the results of their hard effort will eventually disappear into the millions of Suspicious Activity Reports submitted to the Financial Crimes Enforcement Network (FinCEN), an agency of the United States Federal Government, because the government has limited resources to prosecute criminals.

After studying our survey results, we set out to make AML professionals the heroes in their respective financial institutions by producing a new AML technology that can make money for financial institutions. A user only needs to click a button to track illicit proceeds. A financial institution will be automatically alerted when a money launderer opens an account with the financial institution. This new AML technology will automatically notify a financial institution of a money launderer even if he/she does not have any suspicious activity.

We are very pleased to inform you that we have successfully achieved our goal by delivering the most innovative and advanced AML solution – Enquirer Officer^®, the #1 Illicit Proceeds Tracking system. Now, we are changing the paradigm of the AML industry again. All financial institutions will need to use this illicit proceeds tracking technology to fulfill their AML obligations.

The Money Laundering Control Act has defined what illicit proceeds are. In short, all proceeds produced as a result of illegal activities are classified as illicit proceeds.

There are countless examples for illicit proceeds: the money stolen through embezzlement, the bribe received by a Domestic Political Figure (DPF) or a foreign Politically Exposed Person (PEP), the payment received by a human trafficker, the proceeds received from a Ponzi scheme, tax fraud, insurance fraud, trading fraud, etc. In fact, because money is often the motive for committing crimes, most crimes involve illicit proceeds.

More importantly, when any illicit proceeds are deposited at or transferred through a financial institution, such a transaction becomes a money laundering transaction. Therefore, whenever money laundering occurs, there are illicit proceeds involved. The perpetrator who deposits illicit proceeds at or transfers illicit proceeds through a financial institution is a money launderer.

Section 314(b) of the USA PATRIOT Act provides financial institutions with the ability to share information with one another, under a safe harbor that offers protections from liability, for Anti-Money Laundering or Counter Terrorist Financing purposes. The Section 314(b) Fact Sheet published by FinCEN in December 2020 states:

"… to rely on the Section 314(b) safe harbor, a financial institution or an association of financial institutions need not have specific information indicating that the activity in regards to which it proposes to share information directly relates to proceeds of an SUA or to transactions involving the proceeds of money laundering, nor must a financial institution or association have reached a conclusive determination that the activity is suspicious. Instead, it is sufficient that the financial institution or association has a reasonable basis to believe that the information shared relates to activities that may involve money laundering or terrorist activity, and it is sharing the information for an appropriate purpose under Section 314(b) and its implementing regulations. Therefore a financial institution or association can share information in reliance on the Section 314(b) safe harbor relating to activities it suspects may involve money laundering or terrorist activity, even if the financial institution or association cannot identify specific proceeds of an SUA being laundered. Furthermore, a financial institution or an association of financial institutions may, in reliance on the Section 314(b) safe harbor, share information related to activities that may involve possible terrorist activity or money laundering even if such activities do not constitute a "transaction," as defined in 31 CFR 1010.100(bbb) or elsewhere…"

Therefore, a financial institution is fully protected by the safe harbor of Section 314(b) when it tracks illicit proceeds regardless of whether the financial institution files a Suspicious Activity Report to FinCEN or not. Because perpetrators continue to commit financial crimes in different financial institutions, the United A.I. Network^® empowers financial institutions to identify the perpetrators in advance to prevent all types of financial crimes by tracking their illicit proceeds.

Financial institutions can effectively prevent financial crimes if they can share information. An easy way for one financial institution to determine whether any other financial institution has the same money launderer as a client is by posting the identity of the client on a website viewable by other financial institutions. However, such action is illegal because the Gramm Leach Bliley Act has prohibited financial institutions from disclosing their clients’ non-public personal information. Without the ability to identify a counter-party that can share information about a potential money launderer, Section 314(b) has very limited usage. The Gramm Leach Bliley Act has inadvertently become an obstacle to Section 314(b).

The United A.I. Network^® has completely eliminated this obstacle through a number of innovative technologies. The United A.I. Network^® empowers financial institutions to identify and track illicit proceeds without disclosing any non-public personal information.

The United A.I. Network^® uses the existing infrastructure of the financial industry to automate collaboration across financial institutions. All the messages are encrypted. Even if a third party successfully decrypts the message, there is no non-public personal information. Compatible with all types of core data processing systems, The United A.I. Network^® complies with all laws, regulations and rules, and already covers over 140 million individuals and 16 million businesses. The coverage continues to expand rapidly.

When you use the United A.I. Network^®, your financial institution will make money by recovering huge losses that used to be written off by your financial institution. You will be alerted of a money launderer right away so that you can file a Suspicious Activity Report in time to eliminate regulatory risk. Heroically, you will be able to ensure that no perpetrator can cheat your financial institution.

The United A.I. Network^® has already been awarded with seven (7) patents. No other company can copy the design of the United A.I. Network^®, the ultimate AML solution that all financial institutions must use.