Mmastodon BusinessBanking first seen 22 h ago, last 2 h ago, peak #2

Banks urged to take offensive 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 anti-financial crime functions a priority for banks. The piece advocates an 'offensively defensive' approach, with institutions proactively strengthening controls rather than reacting to threats. It reflects growing concern across banking about fraud, sanctions compliance and illicit finance in a volatile environment.

Why now: Rising geopolitical instability and fast-changing technology are heightening banks' concerns about financial crime risk.

banksAmerican Bankerfinancial crime

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Rank over time, top of the chart is #1. 23 snapshots from 22 h ago to 2 h 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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