Every year, it’s estimated that 2-5 percent of our global GDP is laundered through worldwide financial networks. Yet only 1 percent is intercepted and COVID-19 has presented even more opportunities for fraudsters to take advantage.
In 2020 Fiserv conducted a financial crime survey and asked anti-money laundering experts across the EMEA region for their views on the state of financial crime and prevention particularly in the light of the COVID-19 pandemic.
The survey results were analysed in conjunction with Themis, a financial crime specialist, and four clear areas emerged:
Download the full survey results now to understand how the financial crime and prevention landscape has been impacted by COVID-19 and learn what you can do to fight back.