Automated AML/KYC - Is It Enough to Stop the Fraudsters and the Fines? 2022 | ON24 | 28 March 2022 | Webinar
Venue
What is Qwoted?
Qwoted is a free expert network: we help reporters connect with experts & we help those same experts build relationships with top reporters.
| Event Date |
Tue Mar 29 UTC (over 2 years ago)
In your timezone (EST): Mon Mar 28 8:00pm - Mon Mar 28 8:00pm |
| Location | Webinar |
| Region | All |
Details
Fines totalling 937.7 million USD were issued across the world in the first half of 2021 for non-compliance with AML regulation.
Does that mean that financial crime is under control; getting detected; and being reported? Or do these fines highlight that the issue of financial crime is continuing to grow and a new approach to AML is needed?
With rapid growth across the digital economy, automated KYC and AML processes for onboarding have taken off exponentially.
Will that be enough to tackle these issues of fraud and financial crime? And are these new automated methods of completing customer due diligence more or less risky than traditional means for onboarding and monitoring customers?
Speakers
2022 Speakers
Donald Gillies
Head of PassFort, Managing Director at Moody’s Analytics
Hugo Veazey
Head of Business Development, Moody’s Analytics
Alex Fisher
Director, Group Financial Crime Intelligence and Investigations, Standard Chartered Bank