For Compliance professionals, seven minutes conversations about Financial Crime Compliance with a strong focus on technology and high content density.
How FCC applies to crypto: a practical conversation.
In this episode, we listen to a conversation between Pascal Aerens and JB Graftieaux. JB has been active in compliance and payments for 20 years, first at Paypal and eBay, and now at Bitstamp, the oldest regulated crypto exchange in Europe.
Together with Pascal, JB explores how FCC regulation of crypto has evolved over time, how to approach regulators in different countries, and what types of licences are available for crypto entrepreneurs. They dive into compliance regulations specific to crypto, such as the "travel rule", and explain how the community is working together to implement it.
JB also talks about how exchanges collaborate to fight against financial crime, and lobby regulators to help shaping future regulations.
Financial Crime Compliance issues in the Securities industry
In this episode, which is all about FCC in the securities industry, we listen to a conversation between Luc Meurant and Jim Freis.
Jim has an enormous experience in FCC, as a former head of FINCEN, the Financial Intelligence Unit of the US, and then later as chief compliance officer for Deutsche Börse Group in Germany.
Jim brings a unique perspective on financial crime compliance. He combines experiences from public and private sectors, has been working for incumbent and disrupter companies, and has been operating both in the US and in Europe.
In their chat, Luc and Jim explore the many facets of FCC in the securities domain, from how screening and monitoring securities transactions is different from payments, to how regulations may evolve, and how the emergence of crypto could influence the industry’s future.
To kick off the conversation, they start by looking at how securities are different from payments, and how the complexity of securities transactions makes it harder to define effective financial crime policies.
All you ever wanted to know about Data Privacy, AI and the Cloud
In this episode, which is all about data privacy, AI, and the cloud, we listen to a conversation between Neterium’s Chief Commercial Officer Florence Vicentini, and Raphael Dana. Raphael is attorney at law based in Paris, and has been practicing for over 15 years. He has been advising many companies around data privacy related questions, and has numerous clients in the financial sector. Florence and Raphael are discussing many of the hot topics in the data privacy debate. including scope and roles in the European GDPR regulation, the consequences of the cancellation of the US Privacy Shield, as well as the new cloud offerings trying to solve the data confidentiality, and data sovereignty issues. But first, they start by reflecting on the apparent paradox of privacy in FCC. where we need data to perform KYC checks and enrich our AI models, but at the same time we must respect Data Privacy regulations.
AI Series - Is the Single Customer View still a myth?
In this episode, which is part of our series on AI in FCC, we listen to a conversation between Pascal Aerens and Eric Malherbe. Eric has been working as an expert and consultant in FCC technology for nearly 15 years. Today’s conversation is focusing on a concept that looked like the holy grail of FCC, the “single customer view ”. Eric and Pascal speak about their experience and wonder if this concept is now a reality or still a myth. To kick off the conversation, they remember how things started around 2008, when the term single customer view what first heard in FCC.
Looking back at 20 years of watchlist screening
In this episode, a special look back at 20 years of FCC, we listen to a conversation between Peter Bauer and Neterium's CEO, Luc Meurant, as they discuss how watchlist screening has evolved over the years from the early days after nine-eleven to today, with AI, the Cloud and industry-wide initiatives.
Peter is a senior advisor at the Basel Institute on governance. Through his former role at UBS and his participation and advisory work in many leading industry groups including the Wolfsberg Group, Peter has been ideally positioned to witness the evolution of financial crime compliance over the last 20 years.
To kick off the conversation, Luc and Peter remember how banks had to completely change their approach to screening, very quickly, after the events of nine-eleven.
AI Series - Pragmatic AI : separating hype from facts in FCC
In this episode, which is the first of a series about AI in FCC, we listen to a conversation between Pascal Aerens and Staffan Rolfsson.
Staffan has been working in FCC technology for 15 years, mainly at one of the largest banks in Scandinavia, and has many years of experience in Artificial Intelligence.
Today’s conversation is focusing on “pragmatic AI”: what is AI and machine learning, how it can help, what is hype and what is real.
For a few years now, AI has been presented as THE solution to all FCC problems -from better screening to perfect monitoring to ultimate fraud detection. Usually there is a gap between marketing claims and reality, so Staffan and Pascal explore what types of AI techniques can actually be used in FCC, and what could really make a difference.
To kick off the conversation, they start by looking at the AI landscape in FCC today.