2-5% of global GDP – some $2-5T USD – is estimated to be associated with economic crime. Less than 1% of this is seized, while the total cost of compliance is around $274B USD: we are not winning this fight. This talk describes the work we do at Mastercard that seeks to move past the legacy approaches to economic crime, both fraud and money laundering, and questions the dominant theories of change in this space.
https://us02web.zoom.us/j/87089391869?pwd=NFVLWEY1YUZWRXZ6eUpHU1ZFKzBCZz09