FinTechs: Assessing Risk; Creating Effective Controls
In this edition of AML Voices, Elliot Berman, Creative Director at AML RightSource, Amelia Childress, Head of Compliance, Cash App at Square, Melissa Strait, Chief Compliance Officer at Coinbase and Chuck Taylor, EVP and Head of Financial Crimes Advisory at AML RightSource, discuss how continually improving the risk assessment process leads to implementation of an effective control environment.
FinTechs: Explaining the Why of Compliance to Customers
In this edition of AML Voices, Elliot Berman, Creative Director at AML RightSource, Amelia Childress, Head of Compliance, Cash App at Square, Melissa Strait, Chief Compliance Officer at Coinbase and Chuck Taylor, EVP and Head of Financial Crimes Advisory at AML RightSource, discuss how to explain regulatory requirements and expectations to clients, to help smooth out their experience.
FinTechs: Meeting Customer Expectations
In this edition of AML Voices, Elliot Berman, Creative Director at AML RightSource, Amelia Childress, Head of Compliance, Cash App at Square, Melissa Strait, Chief Compliance Officer at Coinbase and Chuck Taylor, EVP and Head of Financial Crimes Advisory at AML RightSource, discuss the challenges of meeting client expectations for an easy onboarding and user experience and still meet the compliance standards set out in applicable regulations.
AMLA: Antiquities vs. Art
In this installment of AML Voices, John Byrne, AML RightSource Executive Vice President, talks with Terry Pesce, President and CEO of Terry Pesce & Co LLC, and Maria Filipakis, and David Brown Managing Partners at the Topside Group; all serve as Senior Advisors at AML RightSource, about the provisions of the Anti-Money Laundering Act of 2020. They discuss the provisions relating to the sale of antiquities and the sales of art and these two areas are treated differently under the Act.
Virtual Currency: Moving From the Bleeding Edge to Everyday
In this installment of AML Voices, John Byrne, AML RightSource Executive Vice President, talks with Terry Pesce, President and CEO of Terry Pesce & Co LLC, and Maria Filipakis, and David Brown Managing Partners at the Topside Group; all serve as Senior Advisors at AML RightSource, about growth in the adoption of virtual currency in the general economy. They discuss the various ways that mainstream commerce and investment markets are viewing these evolving products.
The Regulatory View of Cryptocurrency
In this installment of AML Voices, Chuck Taylor, AML RightSource Executive Vice President and Head of Financial Crimes Advisory, Stephen Ryan, Chief Operating Officer at CipherTrace, Don Fort, Director of Investigations at Kostelanetz & Kink, and Joseph Seibert, Managing Group Director, Digital Asset Banking at Signature Bank, look at the current regulatory environment for cryptocurrency, virtual currency and digital assets. They discuss the evolving views that various regulators have of the risks and regulatory framework which applies to cryptocurrency.
Cryptocurrency - Privacy Coins and Valuation
In this installment of AML Voices, Chuck Taylor, AML RightSource Executive Vice President and Head of Financial Crimes Advisory, Stephen Ryan, Chief Operating Officer at CipherTrace, Don Fort, Director of Investigations at Kostelanetz & Kink, and Joseph Seibert, Managing Group Director, Digital Asset Banking at Signature Bank, look at the risks and challenges presented by cryptocurrencies known as privacy coins. They also discuss the complexity created by the rapid changes in the value of cryptocurrencies.
How to Bank Cryptocurrency Providers
In this installment of AML Voices, Chuck Taylor, AML RightSource Executive Vice President and Head of Financial Crimes Advisory, Stephen Ryan, Chief Operating Officer at CipherTrace, Don Fort, Director of Investigations at Kostelanetz & Kink, and Joseph Seibert, Managing Group Director, Digital Asset Banking at Signature Bank, look at the processes financial institutions should consider in deciding to do business with exchanges and other service providers in the cryptocurrency ecosphere. They discuss a number of risk mitigation strategies for working effectively with cryptocurrency related clients.
Suspicious Activity Monitoring - Leveraging Machine Learning and Artificial Intelligence
In this installment of AML Voices, Chuck Taylor, AML RightSource Executive Vice President and Head of Financial Crimes Advisory, Matt Michaud, AML RightSource Senior Vice President, Bob Schuldes, Senior Vice President – BSA/AML/OFAC Officer at Associated Bank, and Scott Nathan, Managing Director, Global Head of Innovation for AML and ERM, at State Street, discuss how using AI and machine learning can take transaction monitoring systems to the next level. They give practical insights into how to start applying advanced analytics to help organizations make their systems more efficient and support a robust AML/BSA program.
