
One Vision Podcast · 2026-06-15 · 38 min
Since 2023, illicit financial activity has surged by $1.3 trillion, reaching an estimated $4.4 trillion globally. The reason isn't a mystery: bad actors have AI now too. In this episode of One Vision Podcast, Theodora Lau sits down with Tyler Allen , CEO of Unit21, to unpack what's happening on the front lines of AI-powered fraud. Tyler was Unit21's founding software engineer and he is now leading the company through a moment he calls "have your cake and eat it too": AI is finally cheaper than the human labor it could replace, and unlike humans, it doesn't get alert fatigue. The conversation goes deeper on: • The fundamental asymmetry between attackers and defenders - and why AI made it worse • Why majority of AI pilots fail (hint: it's almost never the technology) • Why AI makes sense for financial crime prevention and detection • What he asks potential buyers, from ownership and goals, to risk tolerance and more • What every FI should be demanding from their AI vendors A conversation about the new physics of fraud - and the human consequences of getting it wrong. Listen now wherever you get your podcasts.