Financial Crime Training with FAZZ Financial

There are many dangers that a fin-tech startup can face, one of those dangers is financial crime. Financial crime is using financial gains from a crime. This has been an issue for many years, as the financial crimes evolve there are also always new and innovative ways to prevent financial crimes from happening. As a financial technology startup, this is an issue that FAZZ Financial is passionate to continue to improve on.

Financial crime is such a broad term that it can be tricky to define and understand. In order for every employee to have a firm grasp on the topic, we decided that training is needed to raise awareness. It’s easy to assume that our company is safe from crime and fraud, but sometimes we may underestimate the threats we face.

There are always extra steps we can take to prevent crime at FAZZ Financial. Our Risk Senior Manager, Eliza Harumanti, is an expert on money laundering and fraud, yet she found the training session “a refreshment of concepts”. She also had the chance to learn new strategies on how a fin-tech should expand its compliance perspective.

However, employees from other divisions such as People Operations can still gain a lot from this training. The People Partner Lead, Khairunnisa, feels that everything that was mentioned was practical and useful in her daily work. She states that it also helps her and her team broaden their “Know your Employee” strategy.

As the Head of Governance & Compliance, Nora Sianturi, takes every necessary step needed to prevent any crimes from FAZZ Financial. During the training she learned how to keep an eye out for bribery and corruption. These financial criminals are constantly finding new and sophisticated techniques, so Nora has to learn to adapt quickly to keep the company safe and reduce the risk of crime at work.

Our Head of Customer Operations, Dwi Andi Rohmatika, also took this as a chance to bring new crucial knowledge to her staff back home. She’s aware that this can happen to anyone anywhere, so she is aware that she needs to equip herself with skills to detect any kind of financial crime.

The FAZZMILY is on the right path to FAZZFORWARDING Indonesia, but before reinventing the financial ecosystem we must all be ready to face danger ahead. It’s imperative for our financial technology startup to be well versed with any type of financial crimes.

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