Publications

Follow The Money: The Strong Connection Between Terror and Money Laundering

September 7, 2021 - Netaniel (Nathan) Segal - The Ritz Herald

Every year, an estimated US$2 billion to US$4 trillion is laundered around the world. Over recent years, the money laundering that had been growing for decades has gained another layer of complexity. Nowadays, cryptocurrency is being used as yet another destination for illicit funds being laundered by criminals with research by Chainalysis detecting a total of $2.8 billion in Bitcoin.

Financial Crimes - Journalist Ari Bussel interviewing Nathan (Netaniel) Segal

August 13, 2021 - Ari Bussel - Yahoo Finance

In California most people are aware of – and many have fallen victims to – the EDD Scam, some two billion dollars of taxpayers’ money stolen thus far.  Due to the Global Pandemic, many people rely on unemployment and extra benefits for survival, and the system works as follows: Debit cards “filled with money” are mailed to the designated recipients - people...

The Essentials of Robust DATA Governance in Risk Management

August 09, 2021 - Netaniel Segal - The Ritz Herald

Risk management is an important aspect of any industry, but it’s especially relevant in banking. During the 2008 financial crisis, the world was exposed to the inadequacies of big banks. These issues primarily came to be due to a lack of reliable risk management. However, the world quickly learned from these mistakes and moved to correct them by introducing... 

The Volcker Rule – a further step to ensuring financial stability

August 6, 2021 - Nathan (Netaniel) Segal - The Open News

The Volcker Rule was the government’s response to the reckless actions of banks, taking speculative investments using customer’s deposits, leading to the 2008 financial collapse.  Under the regulation, banks can not use accounts for short-term proprietary trading of derivatives securities and commodity futures in addition to options on all of these investments.

Financial Crime in light of Pandemic and the Digital Transformation

August 5, 2021 - Netaniel Segal - Digital Weekly

The pandemic has led to many drastic changes over the last year. We’ve seen a large exodus from brick-and-mortar retail and a massive spike in eCommerce. In fact, 2020 saw online retail grow over 40% alone. And while Amazon is responsible for a large part of that (40% to be specific), services like Shopify and Squarespace have seen a large increase in demand as well.