January 21, 1:00 pm EST

Fill out the form to listen to a podcast series from FSTech featuring the NICE Actimize team and other industry experts.

Episode 1 | Money Laundering Risk in the Time of Coronavirus
Digital transformation strategies have accelerated during the Coronavirus crisis across all financial services sectors, but none perhaps more than those defending against money laundering. As criminals look to take advantage of increasingly online consumers and disparate workforces, it has never been more important to have a holistic view of risk, with the technology to back that up.

This podcast, in association with FSTech, features a chat between Peter Walker, Editor at FSTech and Adam McLaughlin, Head of Financial Crime Solutions for EMEA at NICE Actimize, about the methods firms are using to stay secure, maintain regulatory compliance and keep costs down.

Episode 2 | A Recent Spike in Authorized Fraud
With everyone from the chief executive to the graduate recruit now working from home, there has been a significant spike in the instance of authorised fraud during the Coronavirus lockdown. As staff are unable to go through the normal security checks, cyber criminals have been taking advantage of dispersed teams and playing people off one another with scam emails purporting to be from senior management.

This podcast, in association with FSTech, features a discussion with Peter Walker, Editor at FSTech and industry expert Robert Tharle on how to tackle this problem and other cyber security threats caused by COVID-19.

Episode 3 | Financial Crime Doesn’t Discriminate
How are financial services firms battling fraud and keeping up with new regulations, while continuing to innovate in the current landscape?

In association with FSTech, this podcast brings together a mix of experts to look at how technology can help with compliance as the threats, costs and competition continue to evolve.

Episode 4 | Can we stop criminals using corporates to launder money?
Despite the best efforts of regulators, organised crime continues to represent a huge part of the global economy. Criminal groups are funnelling billions of dollars of revenue every year through accounts, which needs to appear to be legitimate. With the large transactions involved, criminals are favouring companies as convenient fronts to launder money at scale, because consumer accounts simply can’t handle the numbers.

Banks who are found to be assisting organised crime by facilitating illicit transactions face huge potential financial losses, regulatory penalties, and the threat of long-term reputational damage. Many banks, even in a digital age, still rely on paper to a large degree, or struggle with a myriad of data access and data governance issues across different localities as they onboard corporate clients and carry out AML risk assessments. In response, many banks are exploring how they can leverage data analytics and real-time transaction monitoring in the fight against money laundering.

To delve further into these challenges, as well as some possible solutions, Will McCurdy, Content Editor at FStech spoke to Adam McLaughin, Global Head of Financial Crime Strategy and Marketing at NICE Actimize.

Episode 5 | How is data helping companies fight evolving fraud risks?
The face of fraud is changing. Whether you look to the rise of romance scams, purchase scams, or the emergence of new types of crypto and investment fraud, novel strands and variants are emerging almost every day. And with many UK workers still working remotely, cybercriminals are taking advantage of the increased attack surface which the shift to remote working can offer.

Though financial institutions have taken steps to stem the growth of fraud, including the introduction of Confirmation of Payee (CoP), these steps haven’t been enough to impede its growth.

As part of efforts to stop fraud, companies are turning towards data analytics, blending a combination of data from different sources, as well as leveraging the power of AI and machine learning (ML) to pick up on suspicious activity. This is helping to inform their efforts as they fight Authorised Push Payment fraud and scams, customer account takeover attempts, card fraud, and money mule activity.

To discuss these challenges, as well as some possible solutions, Will McCurdy, Content Editor of FStech spoke to Freddy Arthur, Fraud Strategy Leader for EMEA at NICE Actimize.

Listen to the Podcast Series!

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