In recent months we have seen a spike in all things tech courtesy of Covid and stay at home orders. AML is following the same trend and continues to evolve digitally. New FinTech products and services such as Venmo and Zelle are now staples in the financial services industry. But what does that mean for compliance professionals? New products mean new financial crime risks and AML challenges. Join our seasoned speakers for an in-depth discussion on how compliance professionals can step up their game and mitigate risks posed by financial innovation products.
Fostering collaboration between FinTechs and traditional financial institutions in order to manage unique digital risks and address potential systemic vulnerabilities such as inadequate AFC controls
Analyzing Facebook’s Calibra digital wallet for insights into crypto trends and potential AML oversight issues such as limited transparency and evolving regulatory expectations
Training compliance personnel on the latest financial innovation products and necessary metrics to properly evaluate the risk posed by new clients