Brutal AML Truth: We’re WAYYY Too Slow to Adapt! Learning from Startups

This podcast episode, "Brutal AML Truth: We’re WAYYY Too Slow to Adapt," argues that Anti-Money Laundering (AML) programs are too slow to counter evolving criminal tactics. It advocates for AML teams to adopt a startup mentality, emphasising speed, embracing uncertainty, questioning existing processes, and prioritising user needs. The episode suggests focusing on small, iterative improvements rather than aiming for perfect, large-scale solutions from the outset. Four key lessons—move fast, accept uncertainty, question everything, and listen to customers—are highlighted to achieve this faster adaptation. The ultimate goal is to close the gap between AML programs and the constantly evolving methods employed by criminals.🎧 Tune in now for expert insights and get actionable strategies for your organization. Follow The Compliance Officers Playbook show/page and tap the (🔔) for 𝐝𝐚𝐢𝐥𝐲 𝐜𝐨𝐦𝐩𝐥𝐢𝐚𝐧𝐜𝐞 𝐢𝐧𝐬𝐢𝐠𝐡𝐭𝐬, 𝐭𝐫𝐞𝐧𝐝𝐬, 𝐚𝐧𝐝 𝐦𝐨𝐫𝐞. If you enjoyed this episode, we’d love to hear from you! Follow us to stay updated on future episodes, and don’t forget to leave a review and rating ⭐️⭐️⭐️⭐️⭐️Your feedback helps us improve and reach more listeners like you. Thank you for your support! ❤️🙏

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