We discussed:
- how a former career at the State Department working on Syria-related initiatives shaped his thinking around financial crime risk;
- how financial crime differs across gaming, cannabis banking, and compliance tech;
- the ways in which compliance and AML systems are struggling right now to keep up with the pace of technological change;
- the effect of AI on AML processes;
- what “entity-based risk detection” means in practice and how it differs from transaction monitoring;
- public-private collaboration on financial crime and is law enforcement getting what it needs from the private sector, and vice versa;
- the move towards real-time, jurisdiction-wide data sharing rather than siloed monitoring.
A transcript of the podcast is available here.
The views, thoughts, and opinions expressed on this podcast are those of the guests and do not necessarily reflect the official policy or position of their employer, the moderator, or Global Relay.