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    AML Compliance in FinTech – Unique Challenges, Best Practice Implementation & Recommendations

    FinTech companies have AML compliance challenges that differ from those of traditional financial institutions. One of the main struggles is the lack of out-of-box solutions that could match their unique business models. To be compliant, they must adapt an existing off the shelf solution or create a brand new one – both options involving considerable cost and risk. Other challenges involve issues around scalability, budget constraints, lack of FinCrime domain and expertise and more. During this workshop, Matrix-IFS will discuss the unique AML Compliance issues FinTech and offer cost-effective and scalable solutions. Topics discussed: – Risk Assessments/Model Validation – Procedures, Policy & Controls Review – The Soundness of Your AML Risk Coverage – Bespoke Models & Custom Out-of-box Solutions – Model Performance Evaluation – Challenger Bank Use Case – “Compliance from Scratch” – Panel Discussion with Heads of Compliance from Railsbank & CurrencyCloud

    The event is finished.


    Jan 25 2022


    11:00 am - 12:00 pm