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So i am working on one assignment. AND THIS IS A PART OF THE SAME ASSIGNMENT AND NOT A NEW ASSIGNMENT SOLUTION. THE TOPIC OF

So i am working on one assignment. AND THIS IS A PART OF THE SAME ASSIGNMENT AND NOT A NEW ASSIGNMENT SOLUTION. THE TOPIC OF THAT ASSIGNMENT IS "How the use of API and AI can help HSBC with overcoming Money Laundering issues". So what you have to do is, is what can be the challenges of implementing API and AI. This is for 500 words. And you just have to cover the "challenges" in those 500 words, you dont have to define them (as i have done it already) or include anything else in those 500 words. Just the challenges (have been mentioned below to be written). And DONT FORGET TO ADD INTEXT INTECT CITATION (APA 6TH ED).

I am giving some hints as to what has to be mentioned-

-for API: Privacy issue; client acceptability (sharing their data to third party)

-for AI: historical miss match information (great effort on data cleaning), privacy issues.

-Operation plan may change correspondingly with the adoption of these advanced technologies.

- The needs of underlying systems and information tools to support the maintenance and the management of these new systems (with these advanced technologies).

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