Innovation in Compliance: Real-Time Fraud Prevention Strategies for Financial Loss Prevention with Vince Walden

Thomas Fox - Compliance Evangelist
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Innovation is present in many areas, and compliance professionals must not only be prepared for it but also actively embrace it. Join Tom Fox, the Voice of Compliance, as he visits with top innovative minds, thinkers, and creators in the award-winning Innovation in Compliance podcast. In this episode, Tom Fox cross-posts an episode from the BCG Podcast, where host Hanjo Siebert visits with KonaAI CEO Vince Walden.

Walden is a prominent advocate for interdepartmental collaboration, particularly in the See more +

Innovation is present in many areas, and compliance professionals must not only be prepared for it but also actively embrace it. Join Tom Fox, the Voice of Compliance, as he visits with top innovative minds, thinkers, and creators in the award-winning Innovation in Compliance podcast. In this episode, Tom Fox cross-posts an episode from the BCG Podcast, where host Hanjo Siebert visits with KonaAI CEO Vince Walden.

Walden is a prominent advocate for interdepartmental collaboration, particularly in the realm of compliance and fraud risk management. With his company specializing in AI-driven compliance solutions across diverse industries, Walden emphasizes the importance of breaking down data silos to promote transparency and improve communication among internal auditors, compliance teams, and IT departments. He views collaboration as a strategic imperative driven by data and governance, emphasizing that data should be the ultimate equalizer, thereby promoting a culture of collaboration that effectively achieves organizational goals. By leveraging shared data sources and advanced technology, Walden believes organizations can enhance their oversight, detect potential fraud, and address data privacy issues, ultimately improving their ability to prevent financial losses and maintain regulatory compliance.

Key highlights:

• Breaking Down Data Silos for Collaboration

• Enhancing Collaboration Through Data Transparency and Technology

• Unified Data Approach for Enhanced Fraud Prevention

• Advanced Fraud Detection with Machine Learning

• Proactive Monitoring for Financial Security

Resources:

• Vince Walden on LinkedIn | https://www.linkedin.com/in/vincewalden/

• KonaAI | http://www.konaai.com/

• Original Podcast Recording | https://open.spotify.com/show/4FGicZ2zYT1Q73ixPiyMnz See less -

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations. Attorney Advertising.

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