Recent FinCEN documents call out large banks including Citibank, Deutsche Bank, HSBC, JPMorgan Chase, and the BNY Mellon for serious money laundering.
What is going on here? We doubt this many large institutions are actively trying to participate in fraudulent activity.
As digital payments explode (23%+ volume), regulators, banks, service providers and their counterparts race to understand, track and prevent payment fraud. AML cases are ballooning while B2B and B2C companies continue to struggle with cybercrime.
Join us to discuss the impact and potential for digitization as a catalyst for payment fraud PREVENTION with a focus on P2P networks and blockchain.