Simon Pitts-Drake

Sales Director EMEA at ComplyAdvantage 🚀

[Simon Pitts-Drake @SimonPittsDrake]

Technology and talent are both key to a high-performance compliance team - but how can you ensure you're making the best possible investments?

Register for this webinar to get exclusive access to our 'tech and talent' survey of 60…https://t.co/TWcgmH5UkI https://t.co/XTgTWTC3fM

[Simon Pitts-Drake @SimonPittsDrake]

On June 30th, the UK's HM Treasury released a consultation paper on the Reform of the Anti-Money Laundering and Counter-Terrorism Financing Supervisory Regime. https://t.co/HGIUvsJm1P

[Simon Pitts-Drake @SimonPittsDrake]

🚩 Synthetic identity fraud losses are projected to skyrocket to a staggering $5 billion by 2024.

So what practical steps can financial crime professionals take to mitigate this growing threat? Our latest blog post explains 👉…https://t.co/pJDfMFkYWU https://t.co/6G1YJxoO7m

[Simon Pitts-Drake @SimonPittsDrake]

Packed with powerful capabilities, our Fraud Detection solution can:

🕵️ Detect continuously evolving fraudulent activity
💡 Beat fraudsters’ creativity
⛑️ Protect your customers
📈 Preserve your business reputation
💸 Minimize yo…https://t.co/XJbmpKo2QS https://t.co/vVgbfeikbO

[Simon Pitts-Drake @SimonPittsDrake]

Cartel Members Sanctioned for Arms Trafficking, Theft and Money Laundering https://t.co/QnMPNwVtut

[Simon Pitts-Drake @SimonPittsDrake]

AI is a hot topic... and a buzzword. So, let's get practical - How can AI and machine learning practically enhance fraud detection capabilities? Firms can use AI to:

👨‍💻 Intuitively set fraud transaction monitoring thresholds
🕵…https://t.co/7ZDigP8IZx https://t.co/hVD1PReXf9

[Simon Pitts-Drake @SimonPittsDrake]

🔒 Stay ahead of #fraud risks!

With payment fraud projected to reach $40B by 2027, our #regulatoryaffairs experts, Iain Armstrong and Alia Mahmud discuss effective fraud detection and selecting the right tech for customer protect…https://t.co/0VqztArTew https://t.co/visroW3SXo

[Simon Pitts-Drake @SimonPittsDrake]

With estimated losses of over £2,300 every minute, UK Finance's 2022 Annual Fraud Report details the true extent of fraud in the country's payments industry. To learn more about how the government hopes to reduce fraud by 10% by 2025, click here:  https://t.co/Ubh1UQYH4b

[Simon Pitts-Drake @SimonPittsDrake]

Fraudsters are getting more creative by the day, but so are we! We’re proud to have launched our new Fraud Detection product, which uses machine learning that’s constantly evolving to detect and prevent a wide range of #fraud attem…https://t.co/mWxpZ4XGZq https://t.co/XXCTzLPhjy

[Simon Pitts-Drake @SimonPittsDrake]

The UK Government has published its new #fraud strategy, setting out over 50 measures to reduce fraud and #cybercrime by 2025.

Some of the key actions include:

🖥 Making it easier to report fraud on social media and the internet…https://t.co/zKnOljvvKx https://t.co/fXXwaLesxV

[Simon Pitts-Drake @SimonPittsDrake]

According to ComplyAdvantage’s latest global industry research, 59% of firms anticipate a rise in financial crime this year.

Join us at ACAMS Europe next week as we discuss how the powerful data and technology can help compliance…https://t.co/Y350r5tkfK https://t.co/N0qqca7d53

[Simon Pitts-Drake @SimonPittsDrake]

Comply Advantage is fundraising for ActionAid. Check out their @JustGiving page and please donate if you can. Thank you! #JustGiving https://t.co/2IRDCK3lWS

[ComplyAdvantage @ComplyAdvantage]

📣 Our Founder and Executive Chairman, @delingpole spoke to the Financial Times about applying AI to the war on financial crime.

Read the full article below ⤵️
https://t.co/0mp8pxy7sO

[ComplyAdvantage @ComplyAdvantage]

🎙️Have you discovered the @dark_files #podcast with Graham Barrow and Ray Blake? Check out their recent episode on authentication in the digital age: selfies, swipes & security.

#AML #financialcrime #compliance #regulation #digitalID #financialinclusion

https://t.co/Lmp8z6BCEb

[ComplyAdvantage @ComplyAdvantage]

As 2020 draws to a close we look back on the key changes for anti-financial crime and the developments that will have a lasting impact, from working behaviors to sanctions list and 6AMLD to NDAA. Read the report now >

https://t.co/Hh5XuTxqQA

#afc #compliance #ctf #aml

[ComplyAdvantage @ComplyAdvantage]

🚀 Our State of Compliance Report has landed! 🚀 2021 means stricter AML regulation, evolving risks, and greater liability. We explore how technology and geopolitics are shaping the latest financial crime trends >

https://t.co/ETxFySvgFs

#stateofcompliance #aml #ctf

[Business Insider @BusinessInsider]

Here's an exclusive look at the pitch deck fintech ComplyAdvantage used to raise $50 million from a SpaceX backer https://t.co/8wpYRktDdL

[ComplyAdvantage @ComplyAdvantage]

Humbled and thrilled to announce we’ve raised $50 million in our Series C funding round. Joining our fight against financial crime is @OtppInfo and returning investors @IndexVentures & @balderton

> Read the full story >
https://t.co/YhaeZp52G5

#seriesc #aml #financialcrime

[Simon Pitts-Drake @SimonPittsDrake]

@santanderuk How do I find my 14 digit mortgage number?

[ComplyAdvantage @ComplyAdvantage]

@IndexVentures @delingpole @FT @CBinsights Thank you for your continued support @IndexVentures!

The credit goes to everyone who has joined us in our ongoing mission to empower #financialcrime fighters and put an end to #moneylaundering. The rocketship is blasting off 🚀