This week, I sat down with Andrew Davies, global head of regulatory affairs at ComplyAdvantage.

Fraud levels continue to affect the financial industry with statistics showing the estimated money laundering as a percentage of global GDP remaining the same for years. However, Andrew said now is a better time than any for that to change

Comply advantage recently released a new tool tackling KYB, which could make a huge difference in how businesses handle risk of fraud. Andrew told me about the solution, and the impact it can make on the wider economy.