The Laundry14 Mars 2024

E78: The financial crime risks of Sweden’s cashless society dream

Sweden is the global poster-child of the journey to completely digital transactions – with the number of Swedes using cash falling from 39% in 2010 to just 9% in 2020.

But; does a cashless society offer only benefits, or do we need to consider the financial crime risks this creates – as well as those it stops?

In the latest episode of The Laundry – our expert host, Fredrik Riiser is joined by Kajsa Nordborg, Head of AML at Loomis.

The panel discuss: how global wars and cyber-terrorism can leave digital systems vulnerable to disruption, the groups which rely on cash to protect their privacy and health, and whether Sweden will ever go completely cashless.

"The Fika Song" is by Saint Sanj

Producer: Matthew Dunne-Miles

Engineers: Dominic Delargy, Nicholas Thon

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The Laundry podcast: Dive deep into the intricacies of financial crime, AML (anti-money laundering), compliance, sanctions, and the ever-evolving landscape of financial regulation.

Hosted by Marit Rødevand and Fredrik Riiser – this podcast features renowned experts from sectors such as banking, fintech, compliance, and investigative journalism.

Together, they shed light on the industry's trending topics, analyse mainstream news through a compliance-focused lens, and connect the fight against financial crime to its real-world consequences and ramifications.

The Laundry is proudly produced by Strise, the AML Automation Cloud.

Get in touch at: laundry@strise.ai

Subscribe to our newsletter, Fresh Laundry, here.

Hosted on Acast. See acast.com/privacy for more information.

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