Next-Gen AML: How AI is Modernizing Financial Crime Detection, with Yaron Hazan of ThetaRay

BCG on Compliance

We’re back with a new season exploring the future of compliance with innovators and ground-breakers! In the coming months, Hanjo is looking at the tech that is transforming the industry and reshaping how compliance is done.

In our first episode of the season, Hanjo sits down with Yaron Hazan, VP of Regulatory Affairs at ThetaRay, a software provider pioneering new uses of AI and machine learning for financial crime detection and anti-money laundering.

Financial crime is evolving as quickly as our digital financial systems are, and no one knows this better than Yaron. He has spent much of his extraordinary career combating increasingly sophisticated threats, and in this episode, Yaron discusses his career journey and the unique vantage point it gave him in compliance and risk. He also shares why ThetaRay's preventative approach grabbed his attention and how AI can outpace complex financial crimes. And, Yaron highlights the crucial role of global cooperation and adaptation in tackling the intricacies of this widespread problem.

Note that in this episode, we’ve opted to dub over the names of financial institutions and systems that Yaron references.

About the Show:

BCG on Compliance is a podcast from Boston Consulting Group that explores today’s most pressing criminal trends and how compliance experts are adapting to counter those threats.

As financial crimes become increasingly sophisticated, compliance can no longer be just a checkbox. It’s emerged as a transformative force in every industry, reshaping practices in ethics, risk management, money laundering and cyber security. On BCG on Compliance, we dive deep into the extraordinary minds that are driving that change.

Hosted by Hanjo Seibert, a leading expert in compliance, anti-financial crime and fraud, BCG on Compliance features interviews with heavy-hitters propelling compliance to the forefront of the industry. From crime prevention gurus to ethics champions, we’ll ask provocative questions and bring you rich insights from the global players shaping the future of compliance, all in a dynamic and compact 20-minute episode.

Whether you're a seasoned pro or new to the field, BCG on Compliance is your quick, comprehensive guide. Join us as we explore the profound ways compliance is altering industries around the globe. And connect with us at [email protected]

New episodes are released every other week. Listen wherever you get your podcasts. Or find this episode on YouTube here: https://youtu.be/9FOpYlQI9HA

Episode Links:

Yaron Hazan LinkedIn

ThetaRay website

Hanjo Seibert LinkedIn

BCG LinkedIn

BCG website