Episode Details

This podcast episode, "Brutal AML Truth: We’re WAYYY Too Slow to Adapt," argues that Anti-Money Laundering (AML) programs are too slow to counter evolving criminal tactics. It advocates for AML teams to adopt a startup mentality, emphasising speed, embracing uncertainty, questioning existing processes, and prioritising user needs. The episode suggests focusing on small, iterative improvements rather than aiming for perfect, large-scale solutions from the outset. Four key lessons—move fast, accept uncertainty, question everything, and listen to customers—are highlighted to achieve this faster adaptation. The ultimate goal is to close the gap between AML programs and the constantly evolving methods employed by criminals.

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