NEWS: Fintechs prepare for rise in financial crime due to global economic downturn – survey

news: fintechs-prepare-for-rise-in-financial-crime-due-to-global-economic-downturn-–-survey


By Alisha Houlihan for AMLi

A SURVEY of 800 C-suite and senior compliance decision-makers shows fintech and digital banks expect the global economic downturn to drive a rise in financial crime.

The survey for ComplyAdvantage found that two-thirds (65%) surveyed predicted a rise in financial crime and despite pressure on bottom lines 56% are hiring more compliance personnel.

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The post NEWS: Fintechs prepare for rise in financial crime due to global economic downturn – survey appeared first on AML Intelligence.

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