Career
5 Biggest Fears of Overwhelmed Compliance Officers That are Often Not True (But Feel Very Real)
I’m constantly competing for tech resources with customer-facing projects and I can never win this. And since I cannot have the tools that I need, we have no choice but to add more people.I need to anticipate and write down all relevant risks and risk indications for my company in Read more…
AML
FINMA Position on FATF “Travel Rule” With Respect To Blockchain-Based Transactions
On August 26th 2019, FINMA issued additional guidelines to clarify Swiss position with respect to AML/KYC requirements as they relate to blockchain-based transactions. As a reminder – this comes as an aftermath following FATF requirement to mandate so called “travel rule” to be applicable for blockchain transactions, which essentially means that Read more…
personal
True Story – PayPal Email I Sent in 2015 😃
This is how I inadvertently “tested” my PayPal colleagues during August 2015 when sending this email below to a group of trusted colleagues. From there, I learned who had a great sense of humor, who was too serious and who just reads the first sentence in e-mails. Original message: ‘Hi, Read more…
personal
Help Needed – How to Name a Podcast?
We are about to start a podcast with a focus on FinTech, data, AI, startups and entrepreneurship dilemmas, and would really appreciate your feedback about which name resonates better for you – please let us know your favorite (or least repelling) option by clicking on one of the links below: Read more…
AML
Customer Categories and Customer Tags
When you are a FinTech startup just coming up with a beta product, the minimum of the minimum customer tags and categories you need are: Legal entities vs natural persons High risk vs standard risk customers As you grow, have more customers and add complexity, you can build on it Read more…
consumer protection
Have You Heard of “Friendly Fraud”?
Friendly fraud is real and it’s actually super common. So – let’s talk about it! In payments and e-commerce industry, “friendly fraud” is a scenario where someone from the “friends and family” circle of the “victim” gains access to their device, passwords or email account, and can initiate transactions or Read more…
tools and solutions
Latest Admin-Tool Favourites!
Administration is important, but it’s also frustratingly time-consuming. So I automate. Correction – I’m a junkie when it comes to testing new tools and automating administrative tasks. Here is my latest overview of what I have recently tested and am satisfied with: Board minutes and notes taking: otter.ai can be integrated Read more…