Mmastodon BusinessBanking first seen 18 h ago, last 39 min ago, peak #2

Banks urged to take 'offensively defensive' stance on financial crime

Original: Adopting an 'offensively defensive' approach to financial crime Geopolitical turmoil combined with rapid deployment of n

Commentary in American Banker argues that geopolitical turmoil and the rapid rollout of new technology have made it more important than ever for banks to prioritise their anti-financial crime functions. The piece calls for an 'offensively defensive' approach, with financial institutions acting proactively rather than reactively against money laundering and related threats.

Why now: Geopolitical instability and new technologies like AI are intensifying financial crime risks, prompting debate over how banks should respond.

American Bankerbanks

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Rank over time, top of the chart is #1. 21 snapshots from 18 h ago to 39 min ago.

Evidence

• Adopting an 'offensively defensive' approach to financial crime Geopolitical turmoil combined with rapid deployment of new technology has made it more important than ever for banks to prioritize their anti-financial crime functions https://www. americanbanker.com/opinion/ado… · AlexJimenez@mas.to · 1

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