New Dawn in Compliance: Moving Compliance Functions from Defense to Offense

Lucinity 27.01 New Dawn in Compliance v2

Banks spend 250B USD on AML while only catching 1% of the proceeds from money-laundering which amounts to over 2.5 trillion USD every year. How can we move the needle and help banks protect themselves through the use of technology?

On-Demand Webinar Summary

Lucinity 27.01 New Dawn in Compliance v2

Takeaway points:

• Productivity in compliance: What does it mean and why does it matter?

• How to maintain a continuous risk focused profile of customers?

• Undertaking more accurate and valuable horizon scanning or emerging risks across the business

• Fostering the concept of federated learning across the organization