The recipe for a successful anti-money laundering program is seemingly simple on paper. But, in practice, getting the right ingredients is not so easy. Without efficiency, modern tools and technology, and a compliance-friendly culture, the final dish is likely to disappoint. In this episode, host Alex Pillow welcomes Carl Kemmerer, Senior Product Manager at NICE Actimize. Carl brings a wealth of experience, having spent twenty years as an AML practitioner in international banking. This dynamic and comprehensive conversation includes Carl’s takes on how AML is going wrong today, including: inconsistent methods of measuring risk across different banks; the gap between AML expertise and AI expertise; the lack of holding bad actors accountable and bringing real incentives for those going above and beyond; and business cultures not prioritizing compliance across all departments.