How do you define artificial intelligence? Would you define it differently if it was your job to prevent fraud and financial crimes, where the risks are constantly shifting? In a recent meeting with banking executives responsible for fraud and financial crimes risk mitigation, Wayne Thompson, Manager of Data Science Technologies
I wish this were a blog about a new super-affordable airline, but instead capital flight is the illegal movement of money from its country of origin, transit or destination. This movement of money through facilitators is creating a hyper-breed of criminal enterprise using the regulations of the world’s financial systems
International Fraud Awareness Week begins on Monday, and you know what that means. Our intrepid team of fraud experts is taking over the State and Local Connection blog! Fellow bloggers, get ready. Each day next week one member of the SAS Fraud and Security Intelligence team will post on a
In my previous post I talked to John Cassara about the growing threat of mobile payments and how mobile phones can be used to launder illicit funds globally. I spoke with him again recently on the topic of financial intelligence. Here are the highlights from our discussion. So what is
I recently spoke with John Cassara, a former U.S. Intelligence Officer and Treasury Special Agent, about the growing concern over trade-based money laundering (TBML) and how we can combat it. John retired after a 26-year career in the federal government intelligence and law enforcement communities. He's an expert in anti-money
You might assume that a battle-tested businessman with a gruff exterior and a taste for salty language lacks an inner child, but you’d be wrong. Exhibit A is this little-known fact: I have a soft spot for animated Disney movies. Now, I could try to bluff a bit and say
