Fintech Insider Podcast by 11:FS

1013. News: Big moves in the mortgage market - and is everyone using AI to manage their finances?

4 snips
Nov 10, 2025
Iain Armstrong, Executive Director at ComplyAdvantage, shares insights on combating financial crime with AI, emphasizing their innovative compliance platform. Germain Bahri, Co-founder of Zazu, highlights the potential of fintech in Africa, especially after Optasia's significant IPO. Rosie Lee, Senior UX Researcher, discusses the increasing use of AI among Brits for financial management, touching upon trust and regulatory issues. The guests also explore the impact of new mortgage rules and the alarming low motivation levels within financial services.
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ANECDOTE

Regulator Turned Product Advocate

  • Iain Armstrong described his path from regulator to bank roles to ComplyAdvantage, bringing enforcement experience to product design.
  • He uses that background to help teams understand real-world needs of compliance and risk users.
INSIGHT

High Multiples, Narrow Reach

  • HSBC and Nationwide are offering higher income multiples but only to select, high-credit customers, not broad access to mortgages.
  • Iain Armstrong and Rosie Lee warn headlines evoke 2008 risks but proper income verification and controls can mitigate repeat failures.
INSIGHT

AI-Native Compliance Platform

  • ComplyAdvantage built Mesh as an AI-native platform integrating data ingestion, entity resolution and risk apps on one model.
  • Agentic AI (Cassie) automates low-risk workflows and surfaces complex cases for human review to cut false positives.
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