A fake invoice. A dubious text message. Most of us have brushed off a scam attempt at some point. But what happens when someone falls for one and what responsibility do banks have in stopping it?

In this episode of BCG on Compliance, host Hanjo Seibert speaks with Carsten Helm, one of Europe’s leading voices in anti-financial crime. With over 15 years of experience fighting fraud across traditional banking and Fintech, Carsten has witnessed first-hand how the fraud industry has grown into a highly organized, data-driven enterprise—and how banks must adapt if they want to keep pace.

They discuss how the nature of fraud has shifted from targeting banks to targeting vulnerable clients, why scams are growing faster than anti-money laundering threats, and what banks and regulators need to get right so they can protect customers and rebuild trust.

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.

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 monthly.

Episode Links:

Carsten Helm LinkedIn

Hanjo Seibert LinkedIn

BCG Website

BCG LinkedIn

BCG on Compliance on YouTube