The Evolving Role of Banks in Fraud Detection and AML Compliance - with Nick Lewis of Standard Chartered Bank

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19d ago 30:15

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Today’s guest is Nick Lewis, Managing Director for the High Risk Client Unit at Standard Chartered Bank. Nick joins today’s show to discuss the shifting landscape of fraud prevention and AML compliance in financial services. As governments increasingly shift regulatory responsibilities onto the private sector, banks find themselves at the forefront of both enforcement and risk management. Lewis highlights how sanctions regimes have evolved, pushing financial institutions to shoulder greater due diligence responsibilities with fewer resources. His conversation with Emerj Editorial Director Matthew DeMello also explores the broader implications of this public-private realignment, including the increasing reliance on AI-driven detection methods and the complexities of prioritizing financial crime risks. Lewis underscores the growing role of banks in addressing crimes such as human trafficking, despite the lack of formal mandates, and how AI could enhance collaboration with law enforcement to identify and mitigate emerging threats. If you’ve enjoyed or benefited from some of the insights of this episode, consider leaving us a five-star review on Apple Podcasts, and let us know what you learned, found helpful, or liked most about this show!

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