8 Risks Open Banking Poses to Financial Crime Compliance
Existing AML, counter-terrorist funding and KYC processes need attention due to the new ways third-party providers work under Open Banking
Erik Stretz
Erik Stretz is Principal Consultant in AML Compliance at FICO. He joined FICO in 2015 as part of the TONBELLER acquisition, which brought on board a large number of financial services customers. Based in Germany, he has worked with partners and customers across EMEA and all types of financial services institutes as well as insurance and telecommunication firms. His focus is on helping them increase the robustness and efficiency of their financial crime operations across the AML domain from onboarding, risk quantification, suspicious activity detection, to case management.
All posts
NFTs and Money Laundering - Are Fraudsters Becoming Artists?
As non-fungible tokens fetch millions of dollars in auctions, it raises questions about the connection between NFTs and AML
Illegal Wildlife Trade: What Banks Must Do
Gain insights on combatting money laundering and the illegal wildlife trade
Take the next step
Connect with FICO for answers to all your product and solution questions. Interested in becoming a business partner? Contact us to learn more. We look forward to hearing from you.