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Podcasts by RedCompass Labs

At RedCompass Labs we believe that there are only two types of payments – good and bad. We talk about good payments in our After Hours series, where the best and brightest of the financial services industry let their hair down, unbutton their collars, and share what they really think about payments. To talk about bad payments, we invite guests to our A Few Thoughtful People podcast series where they discuss financial crime, fraud and anti-money laundering, always seeking new and improved ways to detect and prevent them.  
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Decoding BNP Paribas' ISO 20022 Migration | After Hours
18 January 2024
Decoding BNP Paribas' ISO 20022 Migration | After Hours

This podcast is part of the After Hours by RedCompass Labs series, where the best and brightest in the financial services industry tell what they really think about payments! ISO 20022 is more than a new messaging standard for financial institutions; it represents a seismic change for the industry, involving 200 initiatives worldwide in over 70 countries.   Banks participating in the settlement networks have a massive workload on their shoulders.   A year into the transition, we ask: How has one of Europe's biggest banks been getting on?   In this episode of After Hours, Kjeld Herreman is joined by Wim Grosemans, Global Head of Product Management in Payments and Receivables at BNP Paribas.   Wim explains the benefits of structured ISO payments, how many corporates are banging on their door asking for rich ISO data, and whether CBPR+ messages will make investigations more efficient.   Listen below to hear how BNP Paribas is handling the transition to ISO 20022. Interested in contributing to our ongoing discussion? Feel free to air your comments on our ⁠⁠⁠⁠RedCompass Labs LinkedIn⁠⁠⁠⁠ page.

12 min
Real-Time Fraud Risk in the World of Real-Time Payments, Featuring EBA Clearing | After Hours
19 December 2023
Real-Time Fraud Risk in the World of Real-Time Payments, Featuring EBA Clearing | After Hours

This podcast is part of the After Hours by RedCompass Labs series, where the best and brightest in the financial services industry tell what they really think about payments! In this episode of After Hours Kjeld Herreman is joined by special guest Jessica Ramos, Head of Regulatory, Oversight, and Financial Affairs at EBA Clearing. Against the backdrop of the impending new regulations around instant payments across the EU, the pair dive into the risks posed by real-time fraud, and muse about how the industry can combat some of those risks. In addition, Jessica discusses her work with the European Women in Payments Network (EWPN), and how the organisation is championing the voices of women in payments and fintech across the continent. Interested in contributing to our ongoing discussion? Feel free to air your comments on our ⁠⁠⁠RedCompass Labs LinkedIn⁠⁠⁠ page.

19 min
Human Trafficking Detection and Prevention: Putting Theory Into Practice | A Few Thoughtful People
24 November 2023
Human Trafficking Detection and Prevention: Putting Theory Into Practice | A Few Thoughtful People

At ⁠⁠RedCompass Labs⁠⁠ we believe that there are only two types of payments – good and bad. Bad payments are transactions made to buy and sell people, to pay for child sexual exploitation, and other terrible human crimes that blight our society. Only 0.2% of human trafficking victims are ever saved, and we want to change that. Our podcast guests are people who care and want to make a difference. As Margaret Mead said, “Never doubt that a small group of thoughtful, committed citizens can change the world; indeed, it's the only thing that ever has.”  For this episode of A Few Thoughtful People podcast Jonathan Bell is joined by industry experts Steven Zinger and Rick Hamilton from PNC Bank, and Edin Hadzic from South Story Bank. Together they discuss strategies to identify and address human trafficking traces in financial data and explain how their financial institutions are putting theory into practice to find real cases of human trafficking. Tune in to explore the significance of sourcing and implementing red flags that are not only relevant but tailored to your unique context. And uncover the transformative shift from traditional rule-based approaches to a more sophisticated persona-based, data-driven strategy. If you enjoyed this episode, stay tuned for more content to come, and please feel free to share it with your networks. 

28 min
Unlocking Payments Modernisation with NatWest | After Hours
18 September 2023
Unlocking Payments Modernisation with NatWest | After Hours

This podcast is part of the After Hours by RedCompass Labs series, where the best and brightest in the financial services industry tell what they really think about payments! In this episode of After Hours, we're joined by a very special guest, Ian Povey, CIO for Payments at NatWest Banking Group. This is a must-not-miss discussion, in which Ian dives into great detail on the journey NatWest has been on regarding its payments modernisation activities, explains why the bank has made the technology choices it has, and muses on the next trends in the rapidly evolving payments landscape. Enjoy! Interested in contributing to our ongoing discussion? Feel free to air your comments on our ⁠⁠RedCompass Labs LinkedIn⁠⁠ page.

27 min
Banks’ Role in Identifying and Preventing Online Child Sexual Exploitation | A Few Thoughtful People
12 July 2023
Banks’ Role in Identifying and Preventing Online Child Sexual Exploitation | A Few Thoughtful People

At ⁠RedCompass Labs⁠ we believe that there are only two types of payments – good and bad. Bad payments are transactions made to buy and sell people, to pay for child sexual exploitation and other terrible human crimes which blight our society. Only 0.2% of human trafficking victims are ever saved, and we want to change that. Our podcast guests are people who care and want to make a difference. As Margaret Mead said, “Never doubt that a small group of thoughtful, committed citizens can change the world; indeed, it's the only thing that ever has.”  In the latest installment of our podcast A Few Thoughtful People, Jonathan Bell⁠ sits down with Karen Arrabal, Senior Financial Crimes Director at Fifth Third Bank. Together, they delve into the crucial topic of uncovering the digital footprints of criminals involved in child sexual exploitation. They explore the impact of the Covid-19 pandemic and shed light on how financial institutions can play a more active role in assisting law enforcement to effectively combat these crimes. Get ready for an insightful and thought-provoking conversation.

18 min
The ClearBank Story - Building a Payments and Clearing Bank in the Fintech Era: With CEO, Charles McManus | After Hours
27 June 2023
The ClearBank Story - Building a Payments and Clearing Bank in the Fintech Era: With CEO, Charles McManus | After Hours

This podcast is part of the After Hours by RedCompass Labs series, where the best and brightest in the financial services industry tell what they really think about payments! In this episode of After Hours recorded at The Banking Scene, our Head of Strategy Advisory, Kjeld Herreman, spent some time with the CEO of ClearBank, Charles McManus, who shares the story of ClearBank and what drives their ethos of being at the forefront of clearing and payments. Interested in contributing to our ongoing discussion? Feel free to air your comments on our ⁠RedCompass Labs LinkedIn⁠ page.

20 min
The Digital Euro: Do we need it? And what would the new payments landscape look like? | After Hours
7 June 2023
The Digital Euro: Do we need it? And what would the new payments landscape look like? | After Hours

This podcast is part of the After Hours by RedCompass Labs series, where the best and brightest in the financial services industry tell what they really think about payments! In this episode of After Hours recorded at The Banking Scene, our Head of Strategy Advisory Kjeld Herreman caught up with the Chief Innovation Officer of Wordline, Nicolas Kozakiewicz, for a lively debate into all things around the Digital Euro. Nicolas discusses the use cases for a Central Bank-issued digital currency, or CBDC, and what the new payments landscape could look like if/when it comes to fruition. Interested in contributing to our ongoing discussion? Feel free to air your comments on our RedCompass Labs LinkedIn page.

17 min
Unlocking Payments Data to Detect and Prevent Child Sexual Exploitation | A Few Thoughtful People
5 May 2023
Unlocking Payments Data to Detect and Prevent Child Sexual Exploitation | A Few Thoughtful People

Today we are proud to introduce our new podcast series - A Few Thoughtful People.    At RedCompass Labs we believe that there are only two types of payments – good and bad. Bad payments are transactions made to buy and sell people, to pay for child sexual exploitation, and other terrible human crimes which blight our society. Only 0.2% of human trafficking victims are ever saved, we want to change that. Our podcast guests are people who care and want to make a difference. As Margaret Mead said, “Never doubt that a small group of thoughtful, committed citizens can change the world; indeed, it's the only thing that ever has.”    Listen to the very first episode of A Few Thoughtful People, where Brad Moult from ICMEC Australia joins Jonathan Bell and Silvija Krupena to talk about Online Child Sexual Exploitation. 

23 min
Riding the ISO 20022 Wave from Cross Border to Faster and Instant Payments (Without Wiping Out) | After Hours
5 April 2023
Riding the ISO 20022 Wave from Cross Border to Faster and Instant Payments (Without Wiping Out) | After Hours

This podcast is part of the After Hours by RedCompass Labs series, where the best and brightest in the financial services industry tell what they really think about payments!Gregory Prince, Vice President and Director of Core Payments Products at Fifth Third Bank, joined Jonathan Bell and Kjeld Herreman from RedCompass Labs to discuss the coming changes in North America for such schemes as CBPR+, Real-Time Payments, FedNow, FedWire, and RTR. A lively discussion touched on the lessons learned about Instant Payments in Europe and the challenges of tackling financial crime.  Interested in contributing to our ongoing discussion? Feel free to air your comments on our RedCompass Labs LinkedIn page.

22 min
Predicting Key Payments Trends for 2023: ISO 20022, Instant Payments, Interoperability, and Beyond | After Hours
27 January 2023
Predicting Key Payments Trends for 2023: ISO 20022, Instant Payments, Interoperability, and Beyond | After Hours

When Mike and Julie decided to read the future of payments in fortune cookies, it gives some interesting predictions about the year to come. If you want to know more about how ISO 20022, instant payments, interoperability of the rails, or CBDC will unfold, click on the link to listen to the podcast. Interested in contributing to our ongoing discussion? Feel free to air your comments on our RedCompass Labs LinkedIn page.

43 min
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