Seeing AML as a positive for business rather than a tick box process

Friday 19 March 2021 09:58 CET | Editor: Oana Ifrim | Interview

Livia Benisty, Head of AML for payments specialist Banking Circle, discusses how the latest AML tech is bringing efficiencies, cost savings, and better customer relationships – as well as compliance

Successful AML strategies are about more than just complying with regulatory rules, and their implementation should not be limited to the compliance team.

Find out more in Banking Circle’s upcoming white paper, Better by design? Re-thinking AML for a digital age. Click here to secure your copy.

About Livia Benisty

Livia Benisty is Global Head of Business AML at Banking Circle. Livia brings more than 15 years experience in financial crime and AML to the Banking Circle team. She is leading a team to develop stringent AML processes identifying how AI can be applied to enhance the effectiveness of AML, reducing the incidence of false positives. Previously she was Head of AML, EMEA, for Citi's Trade and Treasury Solutions. She has also worked at BBVA Group and ComplyAdvantage where she gained experience in the role technology can play in managing and mitigating financial crime risk.

About Banking Circle

Next-generation provider of mission-critical financial infrastructure, Banking Circle is leading the rise of a super-correspondent Banking network. Banking Circle is a fully licensed Bank able to deliver compliant and secure financial infrastructure at low cost. Clients, including Banks and Payments businesses, can now access real-time payments regardless of borders and regardless of size, allowing them to seize market opportunities without having to commit to significant investment in their own internal infrastructure.

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Keywords: Banking Circle, compliance, AML, artificial intelligence, machine learning
Categories: Banking & Fintech | Digital Identity, Security & Online Fraud
Countries: World
This article is part of category

Banking & Fintech