679. Insights: Is the future of fighting financial crime in people or automation?

45min listen

679. Insights: Is the future of fighting financial crime in people or automation?

David M. Brear is joined by some great guests, from LexisNexis Risk Solutions, GB Bank, FINTRAIL, to discuss how to tackle financial crime and money laundering going forward.

In this show in association with LexisNexis Risk Solutions – our expert host, David M. Brear , is joined by some great guests to ask: “Is the future of AML and fighting financial crime about investing in people, or automation?”

With the current climate of economic downturns, global conflict, and international sanctions - fighting financial crime has never been tougher.

But is the answer better equipping humans to spot the signs of financial crime, or creating more sophisticated systems through machine learning? We discuss the current challenges, the role of orchestration, and more!

This week's guests include:

  • Eddie Vaughan, Sales Director, LexisNexis Risk Solutions
  • Dan Argent, Head of Financial Crime and MLRO, GB Bank.
  • Jessica Cath, Head of Financial Crime Project Delivery, FINTRAIL

This episode is sponsored by LexisNexis Risk Solutions

LexisNexis® Risk Solutions harnesses the power of data and advanced analytics to provide insights that help businesses and governmental entities reduce risk and improve decisions to benefit people around the globe.

Leveraging automation and machine learning from the ground up, the LexisNexis® RiskNarrative™ platform, as recognised by Gartner, is a smart, configurable financial crime and fraud lifecycle management solution enabling businesses to seamlessly manage all customer journeys within a simple, no-code integration.

For more infomation, visit risk.lexisnexis.co.uk

Fintech Insider by 11:FS is a podcast dedicated to all things fintech, banking, technology and financial services. It’s hosted by a rotation of 11:FS experts including David M. Brear, Ross Gallagher, Benjamin Ensor, and Kate Moody - as well as a range of brilliant guests. We cover the latest global news, bring you interviews from industry experts or take a deep dive into subject matters such as APIs, AI or digital banking.

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Special Guests: Dan Argent, Eddie Vaughan, and Jessica Cath.