Integro Talks

Alberto de la Portilla

Introducing Integro Talks, an engaging podcast series presented by Integro Advisers. Join us as we delve into the dynamic realm of compliance, risk management, and due diligence, delivering expert insights and analysis to empower you in making well-informed business decisions.

  1. 12/09/2024

    Talking TD Bank and Financial Crimes

    Former FBI special agent Scott Moritz joins us for an insightful conversation as we review TD Bank's guilty plea for money laundering violations. Discover how systemic failures in their compliance program allowed drug cartels to move hundreds of millions undetected, despite the bank's ample resources. Moritz shares his expert insight into the Department of Justice's findings, which serve as a wake-up call to financial institutions of all sizes about the importance of maintaining robust anti-money laundering programs. This episode challenges the misconception that only smaller banks are vulnerable to criminal exploitation. With a focus on ethics and compliance, we also explore how banks can improve internal cooperation, loyalty, and adherence to codes of conduct. Misplaced incentives and the prioritization of cost-cutting in compliance to maximize profits can lead to dire consequences, as seen in TD's case. We discuss the potential evolution of regulations in response to these issues and the critical role of whistleblower provisions in maintaining financial integrity. Effective transaction monitoring is spotlighted as a non-negotiable aspect of avoiding criminal activity and safeguarding an institution's reputation. In an era where financial crimes are increasingly sophisticated, technology's role cannot be ignored. Our discussion extends to how crime organizations harness AI and virtual currencies, debunking the myth of cryptocurrency's complete anonymity. We tackle evolving fraud schemes like business email compromise scams, offering practical advice on safeguarding against such threats. Join us for a compelling exploration of the financial crime landscape and its implications for today's business world.

    45 min
  2. 10/22/2024

    Under a Digital Blue Sky: Latin America’s shift towards e-commerce and mobile payment solutions

    What role do fintech innovators play in changing the financial landscape of Latin America? Allen Cueli, Visa's Head of Products and Innovation, joins our podcast to explore the dynamic shifts empowering financial inclusion across the region. From the transformative impact of digital payment systems like Pix in Brazil and Sinpe in Costa Rica, to the pandemic's accelerating effect on e-commerce and cashless transactions, our conversation sheds light on how technological advancements are allowing millions to access banking for the first time. We also turn our attention to small businesses in Central America and the Caribbean and their adoption of  digital payment solutions. We discuss strategic approaches to expanding financial services and market share in regions with limited connectivity, and how banks are leveraging card receivables to extend crucial credit to businesses. We also explore the cutting-edge of payment security, with a focus on biometric authentication and tokenization. Learn how Visa is pioneering efforts to integrate biometric data into payment credentials, ensuring secure transactions in an increasingly digital world.  Join us for an insightful dialogue about the current state and future of e-commerce and mobile payments in Latin America. GUESTS Allen Cueli Head of Products and Innovation, Central America & the Caribbean Visa Inc. Hosted by: Alberto de la Portilla President & CEO Integro Advisers

    34 min

About

Introducing Integro Talks, an engaging podcast series presented by Integro Advisers. Join us as we delve into the dynamic realm of compliance, risk management, and due diligence, delivering expert insights and analysis to empower you in making well-informed business decisions.