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Podcast: Innovation in Compliance with Tom Fox
Episode: A Behavioral Approach to Risk Management with Vera Cherepanova
Description: Tom Fox welcomes back Vera Cherepanova on this episode of the Innovation in Compliance Podcast. Vera is an ethics advocate, consultant, author and speaker. She joins Tom to talk about behavioral risks, the steps behavioral scientists take to analyze risk, and strategies from financial institutions that other industries can use.Behavioral Risk in The Banking SectorBehavioral risk is more or less the same across every industry. What is specific to the financial industry however, and banking in particular, is that the individuals work with money. This creates higher risk as the...