Telegraph (22/11/17) – Taking on the money launderers

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Great to have a full page in yesterday’s Telegraph Business Section on money laundering. It’s such a massive topic at the moment and such a huge problem around the world – but especially in the UK because of its reputation as a financial services centre.

Although money laundering has been around since the beginning of time, it’s now estimated to cost the UK government a whopping £80 billion a year in lost revenue – obviously money that could be spent on hospitals and schools.

While technology, especially cryptocurrencies like Bitcoin, may be helping money launderers hide their ill gotten gains, it’s also helping banks and governments spot suspicious transactions more easily using artificial intelligence/machine learning.

In this article I interview BAE Systems’ Rob Horton about how they are helping financial institutions to take a more proactive approach to detecting money laundering in their organisations.

You can read the full article by clicking on the link below:

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