The future of risk management will likely be a combination of human with machines, rather than human versus machine. Hybrid models will deliver outcomes greater than the sums of their parts, as Christian Chmiel explains.
Especially in the current crisis, Steve Baker's exclusive interview for the 2019 RiskConnect Magazine on Deceptive Marketing has lost nothing of its relevance. That's why we have decided to republish it here for a broader audience.
We examine how Covid-19 is impacting regulators and regulated entities, especially acquirers and Payment Service Providers, in managing and mitigating the risks of financial crime.
Criminals adapt well. The Covid-19 crisis has shown how quickly they are able to invent new scams and re-purpose old ones. We examine some common Coronavirus scams and explain how acquirers and payment service providers can safeguard their businesses.
Regulators are stepping up the fight against dirty money. Firms must not only contend with regulatory fines and the impact of these on their operations, reputation and bottom line, there is also the constantly changing nature of the regulation itself.