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Make Room for Creativity (So You Can Combat Financial Crime)
November 04, 2019 - Siam Choudhury

With great innovation comes great risk. The fintech industry has seen great leaps of innovation in the past few years. That’s definitely not a bad thing. However it is also a reality that as more services, products, and platforms emerge, so do avenues for potential financial crime. It’s unfortunately too easy to forget that bad actors adopt innovative technologies as eagerly as consumers and businesses do; they just do it for more malicious reasons.Increased innovation in fintech will increase risks of financial crime.