Captivated Audience: A Financial Crime Podcast - AML Innovators: KYC, Screening, Investigations and Biometrics - Vincent White, UK Director, Facepoint (United Kingdom, recorded on 15 June 2020)

AML Innovators: KYC, Screening, Investigations and Biometrics - Vincent White, UK Director, Facepoint (United Kingdom, recorded on 15 June 2020)

06/24/20 • 12 min

Captivated Audience: A Financial Crime Podcast

Vincent White, UK Director, Facepoint chats with Marie Lundberg and Sam Sheen about the use of biometrics and facial recognition technology for KYC and in the detection of illicit actors; the future of biometrics as a component of customer due diligence, its use in improving sanction screening results and screening in general, GDPR and privacy considerations and whether make-up, tattoos or plastic surgery can be used to confound biometric matching.

Previous Episode

AML Innovators: Continuous KYC and Data Aggregation - David Buxton - Part II CEO and Founder, Arachnys

Marie and Sam continue their discussion with David about how to find CDD or adverse media about an "invisible" or "disappearing" clients, the potential for continuous KYC, the use of recall with trade data to generate risk signals across large global populations to detect trade-related financial crime; whether to Google or not to Google search for KYC purposes and focusing on the real problem to solve in order to make data-driven decisions. And why Carrie Mathison from Homeland (tv character) might not make the best AML investigator.

Next Episode

KYC, CDD and Open Source Data - Chris Taggart, CEO and CO-Founder, OpenCorporates (UK, recorded on 26 June 2020)

Chris Taggart, CEO and Co-Founder, OpenCorporates joins Marie Lundberg and Sam Sheen for a chat about the work of OpenCorporates, the biggest open company database in the world, their recent report " EU Company Data: State of the Union 2020 How poor access to company data is undermining the European Union", the importance of data access and aggregation, investigation of nefarious actors hiding behind corporate structures, the importance of transparency and public access to deterring the misuse of companies by illicit actors and the real financial cost to financial institutions trying to access some company registry data here in Europe and OpenCorporates move from a snapshot database to an iterative continuous information tool.