What The Fraud?

"Fraud is a lot more popular today than it was 10 years ago simply because today you can advertise fraud on TikTok, Snapchat, whatever platform, and you can just have tutorials on how to gamify anything you want at your doorstep."We think of fraudsters as criminals behind laptops, draining accounts without conscience. But what about that free lunch you claimed on your delivery app or the refund you knew wasn't deserved? Could you be part of the problem too? As the on-demand delivery industry explodes, it's creating new opportunities not just for convenience, but for fraud at every touchpoint.Our guest in this episode is Boris Montin, FinTech Director at Glovo, who joins host Thomas Taraniuk to discuss how delivery platforms navigate fraud across countries, balancing frictionless customer experiences with robust security measures.From opportunistic coupon abusers and professional fraudster networks to merchant money laundering and SMS verification scams in Central Asia, this episode reveals the creative schemes targeting delivery platforms. Boris explains how Glovo uses AI and machine learning to detect fraud in real time, why the "perfect level of fraud" is actually about acceptable friction, and how the democratisation of fraud through social media is changing the game. Whether you're ordering dinner or building a marketplace, this conversation offers crucial insights into protecting platforms whilst keeping customers happy.Sumsub's website: sumsub.comSumsub's LinkedIn: linkedin.com/sumsubSumsub's Instagram: instagram.com/sumsubcomSumsub on X: x.com/SumsubcomSumsub's YouTube Channel: youtube.com/@sumsubcomThomas Taraniuk on LinkedIn: linkedin.com/in/tomtaraniukBorin Montin on LinkedIn: linkedin.com/in/montinboris/

Fraud got faster. Your strategy has to be smarter. So what do leaders who rethink risk do to stay ahead?For part two of this special episode of What the Fraud?, Sumsub’s Sales Director, Americas, Anastasia Shvechkova, sits down with five operators who are scaling trust without slowing growth.Recorded live at Money20/20 USA, this episode brings insight from leaders at Standard Chartered, Ebanx, ACAMS, Adyen, and Nubank. We dive into the modernization of dollar infrastructure, tackling fraud in emerging markets, evolving AML standards, breaking down data silos, navigating Web3 compliance, managing BNPL risk, and tracking the rising role of AI in global payments. A wide-ranging look at the shifts redefining trust, innovation, and financial crime prevention.Guests: Jennifer Lassiter, Head of Digital Assets for Europe & Americas at Standard CharteredAndré Peixoto, Director of Operations at EBANXCraig Timm, Senior Director of AML at ACAMSBrigette Korney, Global Head of Risk at AdyenNathan Marion, Head of B2B at NubankSumsub's website: sumsub.comSumsub’s What The Fraud Summit: https://sumsub.com/wtf-summit/Sumsub's LinkedIn: linkedin.com/sumsubSumsub's Instagram: instagram.com/sumsubcomSumsub on X: x.com/SumsubcomSumsub's YouTube Channel: youtube.com/@sumsubcomAnastasia Shvechkova: https://www.linkedin.com/in/anastasia-shvechkova-878344118/ Jennifer Lassiter: https://www.linkedin.com/in/jbrookslassiter/ André Peixoto: https://www.linkedin.com/in/andr%C3%A9-peixoto-691a93150/ Craig Timm: https://www.linkedin.com/in/craig-timm-4942626/ Brigette Korney: https://www.linkedin.com/in/brigette-korney/ Nathan Marion: https://www.linkedin.com/in/nathanlmarion/

Fast payments raise hard trust questions. Live from Money20/20 USA in Las Vegas, we sat down with leaders reshaping fraud, AML, and compliance, turning the AI hype into an operational reality.For this special episode of What the Fraud?, Sumsub’s Sales Director, Americas, Anastasia Shvechkova, steps in as host to pull highlights from the show floor, in partnership with the C-Suite podcast team.This special episode brings together leading voices from Gusto, Bluevine, MoneyGram, and Worldpay for Platforms. They discuss how AI is reshaping fraud, why trust is becoming the new competitive currency, and what risk and compliance leaders must do to stay ahead. From deepfakes and synthetic documents to agentic AI, cross-border payments innovation, and the evolving role of risk teams, this episode explores the technologies and strategies defining the future of financial security.Guests:Samant Nagpal, Head of Payments and Risk at GustoMira Srinivasan, Chief Risk Officer at BluevineLuke Tuttle, Chief Product & Tech Officer at MoneyGramBilli Jo Wright, Chief Risk & Compliance Officer at Worldpay for PlatformsSumsub's website: sumsub.comSumsub’s What The Fraud Summit: https://sumsub.com/wtf-summit/Sumsub's LinkedIn: linkedin.com/sumsubSumsub's Instagram: instagram.com/sumsubcomSumsub on X: x.com/SumsubcomSumsub's YouTube Channel: youtube.com/@sumsubcomAnastasia Shvechkova: https://www.linkedin.com/in/anastasia-shvechkova-878344118/ Samant Nagpal: https://www.linkedin.com/in/samant-nagpal-3240683/ Mira Srinivasan: https://www.linkedin.com/in/mira-srinivasan/ Luke Tuttle: https://www.linkedin.com/in/luketuttle/ Billi Jo Wright: https://www.linkedin.com/in/billi-jo-wright-bb856511/ 

“Fraudsters are preying on human emotion… and it clearly works.”Scams are becoming more personal, more emotional, and more sophisticated. In this episode, we explore how social engineering, investment scams, and “crime-as-a-service” are reshaping the fraud landscape, and why awareness and collaboration are our strongest defences.Our special guests this week are Jessie Apple, Group Head of FinCrime Compliance & Risk and UK MLRO at Wise, Co-Chair, ACAMS UK Chapter and Aaron Wilson, Product Leader, Fraud & Victim Prevention at Wise, who share how the company partners with law enforcement, regulators, and even social media platforms to stop scams before they spread.From reimbursement reform and data sharing to real-time intelligence and public awareness, this conversation reveals how financial institutions can fight scams collectively, and what it really takes to protect people in a connected world.AML Fundamentals Course: https://sumsub.com/courses/aml-fundamentals/Sumsub's website: sumsub.comSumsub’s What The Fraud Summit: https://sumsub.com/wtf-summit/Sumsub's LinkedIn: linkedin.com/sumsubSumsub's Instagram: instagram.com/sumsubcomSumsub on X: x.com/SumsubcomSumsub's YouTube Channel: youtube.com/@sumsubcomThomas Taraniuk on LinkedIn: linkedin.com/in/tomtaraniukJessie Apple on LinkedIn: linkedin.com/in/aarwilsonAaron Wilson on LinkedIn: linkedin.com/in/jessie-apple-67aa179

"The main thing that agentic AI is going to be good at is pulling together data from multiple sources… metadata, images, device intelligence, and reconciling it to spot subtle fraud signs humans might miss.”As fraud grows more sophisticated, financial institutions are turning to agentic AI: systems that don’t just analyse data, but act on it to detect and prevent fraudulent activity at scale.In this episode, we explore how these AI agents are reshaping compliance and fraud prevention, and what that means for human oversight and operational efficiency.Our special guest this week is Will Lawrence, CEO and co-founder of Greenlite AI. He shares insights on how his company’s AI agents tackle high-volume fraud, reconcile unstructured and structured data, and free investigators to focus on high-risk, complex cases.From false positives and synthetic identities to regulatory compliance and emerging fraud vectors, this conversation highlights how businesses can adopt AI responsibly while maintaining trust and accountability in their operations.Sumsub's website: sumsub.comSumsub’s What The Fraud Summit: https://sumsub.com/wtf-summit/Sumsub's LinkedIn: linkedin.com/sumsubSumsub's Instagram: instagram.com/sumsubcomSumsub on X: x.com/SumsubcomSumsub's YouTube Channel: youtube.com/@sumsubcomThomas Taraniuk on LinkedIn: linkedin.com/in/tomtaraniukWill Lawrence on LinkedIn: https://www.linkedin.com/in/lawrencewill

“Trust may sound soft, but in practice it’s the hardest currency there is… and in a world of AI, bots, and fraud, trust can make or break a platform.”As AI grows more complex and cybercriminals more sophisticated, the need to earn and protect trust has never been greater. In this episode, we dive into why trust is at the centre of digital identity, how businesses can build it, and what happens when it breaks.Our special guests this week are Eddie Moxon-Garcia, Product Marketing Lead at Sumsub, and Nikolai Suhharnikov, Head of Technical Presales at Sumsub. Together they share insights from working with some of the world’s largest companies on fraud protection, verification, and identity.From synthetic IDs and deepfakes to regulation, transparency, and reusable digital identity, this conversation explores how businesses, regulators, and users can meet in the middle to create trust online.Sumsub's website: sumsub.comSumsub’s What The Fraud Summit: https://sumsub.com/wtf-summit/Sumsub's LinkedIn: linkedin.com/sumsubSumsub's Instagram: instagram.com/sumsubcomSumsub on X: x.com/SumsubcomSumsub's YouTube Channel: youtube.com/@sumsubcomThomas Taraniuk on LinkedIn: linkedin.com/in/tomtaraniukEddie Moxon-Garcia on LinkedIn: linkedin.com/in/eddiemoxongarciaNikolai Suhharnikov on LinkedIn: linkedin.com/in/nikolai-suhharnikov-8a122b182

Season 4 of What The Fraud is coming this month.As AI gets more complex, and cyber-criminals keep finding new ways to exploit it, these conversations matter more than ever.Join host Thomas Taraniuk as he speaks to the people in the know - the experts, the insiders, the ones on the front line, to unpack the big questions, cut through the noise, and make sense of the biggest issues in digital fraud.Don't want to miss an episode? Follow the show now.

“You don't need to hack an Uber, you just need €200 and a Telegram account, and you can just buy the whole new profile.”The cars we drive and rent are now becoming a new frontier for cyber crime.  From ghost drivers and fake IDs to money laundering and QR-code scams, the mobility space is facing a new wave of digital threats.Our special guest this week is Karolina Kausylaite, Compliance Manager at Tesla Financial Services and an expert in anti-money laundering.  She’s worked at PPRO, N26 and Danske Bank, tackling financial crime from multiple angles. On this episode she helps us understand how criminals exploit modern vehicle services and what the industry must do to stay ahead.Sumsub's website: sumsub.com  Sumsub’s What The Fraud Summit: https://sumsub.com/wtf-summit/Sumsub's LinkedIn: linkedin.com/sumsub Sumsub's Facebook: facebook.com/sumsub Sumsub's Instagram: facebook.com/sumsubcom Sumsub's YouTube Channel: youtube.com/@sumsubcom  Thomas Taraniuk on LinkedIn: linkedin.com/in/tomtaraniuk  Karolina Kausylaite on Linkedin: https://www.linkedin.com/in/karolina-kausylaite