Fintech's Dark Side: How Criminals Exploit New Technology (Caution)

Fintech is revolutionizing finance, but it's also creating new opportunities for criminals to launder money. This video examines the key risks associated with Fintech and money laundering, explores real-world examples, and outlines what individuals and businesses can do to protect themselves. We'll cover:
Anonymous transactions: How cryptocurrencies and peer-to-peer lending platforms can be used to obscure the origin of funds.
Cross-border transactions: The complexities of international remittances and payments, and how they can be exploited for money laundering.
Decentralized Finance (DeFi): The challenges of regulating DeFi platforms and the risks of smart contracts and decentralized exchanges.
E-wallets and mobile payments: How the ease of use and accessibility of these platforms can increase the risk of money laundering.
Crowdfunding platforms: The risks associated with the large number of small transactions and lack of investor verification on these platforms.
Don't let criminals exploit the Fintech revolution! Watch this video to understand the risks and learn how to stay safe.

How to reach us:
www.milersen.com

#Fintech #MoneyLaundering #AML #Cryptocurrency #Cybersecurity #FraudPrevention #FinancialCrime #DeFi #E-wallets #Crowdfunding #RiskManagement