Rising expertise akin to AI has enabled risk actors to take a classy method to fraud, with world full-cycle id verification platform, Sumsub, revealing a 10x enhance within the variety of deepfakes detected worldwide from 2022 to 2023.
Now, Sumsub is gearing up for a second iteration of its Superior Transaction Monitoring Masterclass 2024, which is able to assist over 2,500 anti-money laundering (AML), anti-fraud, and compliance professionals within the fintech sector to spice up their information in combating monetary crime points dealing with their respective firms.
Ninety-nine per cent of contributors claimed that final yr’s course helped them enhance the talents required for his or her present roles and would suggest it to friends. The very best proportion of contributors (41.4 per cent) had been from the fintech trade, adopted by the crypto sector (14.7 per cent).
The free course, with alternate options that sometimes price over $800, gives insights from a various group of economic crime specialists who shared experience through the first module. These programs vary from junior compliance officers to seasoned Cash Laundering Reporting Officers (MLROs).
Andrew Novoselsky, chief product officer at Sumsub, mentioned the influence the course might have: “We’re proud to be launching the second batch of our Transaction Monitoring course.
“Empowering professionals with the important expertise wanted to fight monetary crime is pivotal in at this time’s ever-evolving panorama. This Masterclass reaffirms our dedication to equipping trade professionals with essential information and techniques for safeguarding companies towards illicit actions.”
By launching the second batch of the course, Sumsub goals to supply information through open entry, with a course design that acknowledges all expertise ranges.
As soon as contributors have accomplished the course, they are going to obtain a certificates of completion to point out their dedication to studying the most recent transaction monitoring techniques.
