Streamly
Categories & TopicsEvents & BrandsExperts
LoginSign Up
Categories & TopicsEvents & BrandsExperts
LoginSign Up
SustainabilityFinanceMarketing & MediaInnovation & TechnologyData & InsightsEnergyHealthcareFoodserviceLeadershipHRTransport & InfrastructureMeetings & EventsBuildings & Real Estate

New tools to look out for in the fight against financial crime

New tools to look out for in the fight against financial crime

20 Dec 2021
0:00
0:00
|
0:00
https://cdn.streamly.video/Untitled_3_48683b0bbe.jpg
PREVIEW
Join Streamly to watch the full video
Jas Randhawa Jas Randhawa Managing Partner at StrategyBRIX

Jas is the Managing Partner at StrategyBRIX, a boutique Risk and Compliance Consulting firm. Before StrategyBRIX, Jas served as the Head of FinancialCrimes and Compliance at leading fintechs, including Stripe and Airwallex. In addition, at PwC, Jas built and led the firm’s Financial Crimes (Fintech) practice across the US West Coast.

He has over 18 years of experience with building and managing programs in the Compliance space. In his role, Jas works closely with CCOs, CROs, and product leaders to solve complex risk,compliance, and monitoring problems. Additionally, as a part of the Bank Secrecy Act Advisory Group (BSAAG), he advised the Financial Crimes Enforcement Network(FinCEN), a bureau of the United States Department of the Treasury, in areas of Digital Identity Verification, KYC, and using advanced technologies to solve financial crimes.

Jas is a regular speaker at industry events, a member of the Association of Certified Anti-Money Laundering Specialists (ACAMS), and an executive committee member of theWest Coast AML Forum (WCAML)

Join Streamly for free to watch this video
Description

As hackers and cyber criminal get ever more sophisticated, financial crime is a serious threat not just to consumers, but to the companies that serve them. Jas Randhawa, Stripe's Head of Financial Crimes, discusses which technologies the industry should keep an eye on in order to stay ahead and keep their customers' money safe.

Table Of Contents
Direction to combat financial crime
Virtual currencies, peer-to-peer financial solutions, and mobile payments all create compliance issues, criminal opportunities, and, in the long run, maybe existential questions for banks if they do not find ways to respond and control the risks. Randhawa underlines three important technologies which would be keys to combat financial crime in the next couple of years.
Trends to watch in financial crime
Randhawa presents the importance of AI and ML systems to fight financial crime and points out RPA and electronic identity verification platforms' potential. He mentions that the systems that reduce operational costs are the ones to keep an eye on.
0
Your cart