619. Insights: What next for anti-money laundering?

Our expert host, Simon Taylor, is joined by some great guests to discuss what the future looks like for the anti-money laundering industry. The UK sees a whopping £88bn laundered annually, with that figure reaching £216.5bn in the US. This makes up a sizeable chunk of £1.8tn said to be laundered globally – a staggering 3% of GDP. So, today we’re looking at how AML keeps up with the sizable task ahead of it, what stands in its way and is this a problem that can truly be solved? This week's guests include: Adam Gable, Product Director - Financial Crime, Treasury & Risk, Temenos Joe Robinson, Co-founder & CEO, Hummingbird  Jessica Cath, Head of Financial Crime Project Delivery, Fintrail This episode is sponsored by Alto IRA Did you know the majority of people are investing in cryptocurrency through a taxable account, when they could be using an IRA and avoiding or deferring the taxes? With an Alto CryptoIRA, you can invest in crypto without tax headaches. Create a free account in minutes. Choose from over 150 coins, and invest with as little as $10. That’s right—ten bucks! No setup charges and no account fees. To open an Alto CryptoIRA with as little as $10, just go to AltoIRA.com/insider. Fintech Insider by 11:FS is a podcast dedicated to all things fintech, banking, technology and financial services. It’s hosted by a rotation of 11:FS experts including David M. Brear, Simon Taylor, Jason Bates and Gwera Kiwana, as well as a range of brilliant guests. We cover the latest global news, bring you interviews from industry experts or take a deep dive into subject matters such as APIs, AI or digital banking. If you enjoyed this episode, don't forget to subscribe and please leave a review Follow us on Twitter: @fintechinsiders where you can ask the hosts questions, or email [email protected]! Special Guests: Adam Gable, Jessica Cath, and Joe Robinson. Learn more about your ad choices. Visit megaphone.fm/adchoices