Why Financial Crime Keeps Rising, Even After $200 Billion in Compliance Costs

Despite spending over $200 billion globally on compliance, financial crime continues to surge. AI, deepfakes, and scam networks are evolving faster than traditional defenses. In this panel we discuss:

  • How AI is changing the scam game
  • Real-life deepfake attacks on Malaysian banks
  • The impact of Malaysia’s National Fraud Portal

Featuring insights from:

  • Rohit Mittal, Director Market Planning, Financial Crime Compliance, LexisNexis® Risk Solutions
  • Azhar Bin Awang Kechil Chief Retail Banking Officer, al rajhi Bank Malaysia
  • Ken Yon, Senior Director, Risk & Compliance, Payments Network Malaysia (PayNet)
  • Vincent Fong, Chief Editor, Fintech News Network
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