Captivated Audience: A Financial Crime Podcast - eKYC, Digital Identity and eIDAS - Eric Wagner - Part II- Head of Financial Crime, Erste Group (Austria, recorded on 12 June 2020)

eKYC, Digital Identity and eIDAS - Eric Wagner - Part II- Head of Financial Crime, Erste Group (Austria, recorded on 12 June 2020)

06/21/20 • 16 min

Captivated Audience: A Financial Crime Podcast

Part II of Sam Sheen and Marie Lundberg's discussion with Eric Wagner, Head of Financial Crime, Erste Group where they review the changes that the Working Group have proposed to eIDAS and EU AML regulations to allow for greater reliance by financial institutions on eKYC, the absence - and importance - of a single standard on eKYC - and the many different groups working separately on their own set of standards and why cracking the problem of KYC in Europe is fundamental to its future as a digitally enabled economy.

Previous Episode

KYC and Onboarding: Charlie Roberts, Head of UK and EU, IDNow (the Wirrall, England, recorded on 15 June 2020)

Charlie Roberts, Head of UK and EU, IDNow (the Wirrall, England, joins Sam Sheen and Marie Lundberg to chat about this company's eKYC technology and the use of live video verification across the Benelux region and beyond, detecting possible duress by IDNow's agents to mitigate the risk of illicit actors pressuring innocent individuals to open accounts on their behalf and why it's best not to include your emotional support alpaca when applying for an online account.

Next 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.