Driving Efficiency into FinCrime

According to the United Nations Office on Drugs and Crime, less than 1% of global illicit financial flows are currently being seized and frozen. It is no surprise, then, that so much emphasis has been put on the role that Real-Time Sanctions Screening can play in fighting financial crime. What exactly it does in mitigating financial crime risk and to what extent advancements in technology are transforming this key control, however, is still far from being widely understood.

In this 4th episode of the After Hours by RedCompass Labs podcast, our very special guest, Stanley Yong, Head of Product Design at Onyx, shares a series of unmissable insights on how to drive efficiency into FinCrime and the role Real-Time Sanctions Screening can play in this regard.

If you want to know more about how false positives can be avoided, why there’s still significant room for improvement in data quality, or simply find out what data privacy considerations need to be had; this is a conversation that you can not miss. 

Click the play button and join our chat!